First Western pharmaceutical company leaves Russian market

The Finnish company Orion Pharma (OP) has begun to liquidate its Russian office - it is planned to close it before the end of the year, Report informs referring to the Vedomosti newspaper.

This will be the first known case of a foreign pharmaceutical company's withdrawal from the Russian market.

The local division is currently laying off the employees. A newspaper source close to the company's top management confirmed this information.

The publication also drew attention to the fact that the largest recruiting services HeadHunter and SuperJob did not post any open vacancies from this company.