Nestle’s services remains in Russia despite other companies leaving
While many companies have suspended operations in Russia due to the war in Ukraine, Swiss food conglomerate Nestle has continued to provide essential products to Russia despite the mounting pressure to cut ties.
On Thursday, Ukrainian Prime Minister Denys Shmyhal tweeted that he spoke with Nestle CEO Mark Schneider “about the side effect of staying in [the] Russian market.”
“Unfortunately,” Shmyhal wrote, “he shows no understanding. Paying taxes to the budget of a terrorist country means killing defenseless children & mothers. Hope that Nestle will change its mind soon.”
Nestle has halted advertisements in Russia and will not be working on any capital investment, and stopped shipping non-essential items like espresso coffee and mineral water, but has continued to provide more essential items like baby food to Russia, Bloomberg reported.
Russia invaded Ukraine on February 24, and since then, almost 400 companies have announced plans to suspend operations in Russia in response, a move supported by nearly 75 percent of the American population, according to a Morning Consult poll from earlier this month.