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International Internet Magazine. Baltic States news & analytics Friday, 26.04.2024, 09:52

City Service considers business continuity in Russia

BC, Vilnius, 11.04.2014.Print version
The Company's management recently began to consider the Company's business continuity and perspective in St. Petersburg and Stavropol, City Service has announced in a statement, cites LETA/ELTA.

The Company's subsidiaries in Russia are facing pressure of local municipal authority due to tense international situation and Lithuania's position. Meanwhile, the Company's image and business activities in Lithuania suffer in result of baseless interpretations and public comments related to the fact that Company runs business in Russia.

 

Company's experience in Poland and Spain markets grants real opportunities for further development in Central and Western European markets, therefore the possibility for forced withdrawal from business activities in St. Petersburg and Stavropol and intense development in European markets can not be excluded.






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