WESTMINSTER, Colo., March 28, 2022 /PRNewswire/ — Ball Company (NYSE: BLL) carries on to be deeply troubled by the war in Ukraine. In addition to suspending long term investments in Russia—a determination we shared previous week—we have manufactured the choice to reduce functions instantly at our 3 manufacturing services in Russia and are pursuing the sale of our Russian organization to a new proprietor.
In 2021, our Russian organization represented around 4 percent of the firm’s complete net income and 8 % of the firm’s complete similar operating earnings. In addition, our crops in Russia made roughly 5 percent of the firm’s 112.5 billion worldwide beverage can unit shipments for the duration of 2021.
About Ball Company
Ball Corporation supplies progressive, sustainable aluminum packaging alternatives for beverage, individual treatment and home solutions for consumers, as well as aerospace and other systems and expert services mostly for the U.S. govt. Ball Corporation and its subsidiaries employ 24,300 people today worldwide and described 2021 net profits of $13.8 billion. For extra data, check out www.ball.com, or connect with us on Facebook or Twitter.
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Source Ball Company