Mondelez hides earnings as Russian Milka sales soar 600%
Mondelez, parent company of Milka and Oreo, continues to profit in Russia despite pledges to scale back, but the exact figures are now shrouded in secrecy.
Browsing Tag
Business boycott
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Renewed protests in Vienna urging Raiffeisen Bank International to pull out of Russia
Protests gain new momentum with support of 50,000 petitioners on the day of Raiffeisen's Annual General Meeting (AGM)
Protest at Cadbury World denounces Mondelez’s financial contribution to Russiaʼs wartime budget
In February 2024, the СEO of Mondelez claimed that investors do not "morally care" about its continued operations in Russia
Avon continues doing business in Russia despite Russia’s ongoing war in Ukraine
BBC investigation shows Avon expanding Russia operations - UK-headquartered cosmetics firm still making products outside Moscow and recruiting Russian sales agents during Russia's ongoing war in Ukraine.
Kadyrov’s Way: Chechen militants reward schoolkids with Mars sweets for aiding Ukraine war
Mars is one of the largest revenue generators and top taxpayers in Russia, earning 20% more in the first year of Russia's invasion of Ukraine
“No support for Ukraine and its army”: PepsiCo restricts mentions of war in its PR?
Does Pepsi think it can ignore reality?
Milka maker faces German backlash over Russia business
Mondelez claims that the cookies and chocolates it sells in Russia are part of a "normal diet." "Sounds like a lousy alibi," said Bild.
Italian tech giant Camozzi sticks with Russia, supply chain hints at military collaborations
There are indications Camozzi has maintained dealings in Russia with sanctioned companies directly involved in the Ukraine war, despite international pressure.
The Pissed Consumer’s guide to companies departing Russia
More than 1,400 multinational corporations are still paying taxes to Russia. The solution: Boycott Russia.
Work.ua CEO: 1.5 years enough time for brands to exit Russia – now we cut ties
Work.ua, Ukraine's top job portal, says it will no longer cooperate with companies maintaining business ties in Russia - even big names like Metro and Philip Morris. Its CEO has issued a manifesto for others to follow suit.
World’s largest oil services company SLB halts all product supplies to Russia
Oil services giant Schlumberger Limited (SLB) announced it will cease supplying all products and technologies to Russia from its…
US, German companies lead in tax payments to Russian budget – report
Almost a quarter of all profit tax paid in 2022 was contributed by companies headquartered in G7 nations,…
Shell continues trading Russian gas despite pledge to withdraw
The multinational oil and gas company Shell is still trading Russian gas more than a year after it…
Philips to keep delivering hospital equipment to Russia despite Ukraine war
Dutch health technology company Philips has affirmed its commitment to continue supplying hospital equipment to Russia, despite the…
CNH Industrial, leading global agricultural machinery producer, exits Russia
One of the world’s largest agricultural machinery manufacturers, CNH Industrial, announced its exit from Russia, according to the…
56% of global corporations remain in Russia, possibly funding two months of its war against Ukraine – report
A recent analysis of 3,078 multinational companies reveals that most international firms with ties to Russia at the…
Nearly year after Ukraine invasion, only 17 of 122 top companies have exited Russia – watchdog
A campaign group, Moral Rating Agency, set up after Russia invaded Ukraine, which exposes and credits companies through…
Bonduelle accused of gifting 10,000 food kits to Russian troops; French office denies
The French company producing canned vegetables Bonduelle greeted Russian troops with the New Year and gifted them food…
Procter & Gamble continues sponsoring Russia’s war with two giant factories
After the start of Russia’s full-blown war against Ukraine, parliaments worldwide designated Russia as a state sponsor of…