What brands are included in Mars inc:
SNICKERS®, MARS®, TWIX®, BOUNTY ®, M&M'S®, SKITTLES®, ORBIT®, PEDIGREE®, CHAPPI®, WHISKAS®, KITEKAT®, SHEBA®
What does the company make? Mars inc:
Manufacturer of long-life foods, best known for chocolate bars.
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What did not come out of the Russian market? January 20, 2023 - rbc ua:
American company, which produces a whole line of sweets, announced in March 2022 that it would stop its activities in Russia. She apparently refused to import her products to the Russian Federation and export her goods from Russia:
"However, in fact, in the 11th month of the full-scale war of the Russian Federation against Ukraine, we see that the American company is still working with the aggressor country.
The Mars company produces these brands: Mars, Snickers, Milky Way, Twix, Bounty, M&M's, Whiskas, Pedigree, Uncle Ben's."
Source
August 2, 2022 - Yale School of Management:
A bit of background to the fact check source:
“We have a team of experts with experience in financial analysis, economics, accounting, strategy, management, geopolitics and Eurasian affairs, fluent in ten languages, including Russian, Ukrainian, German, French, Italian, Spanish, Chinese, Hindi, Polish and in English, collecting this unique set of data from open sources such as government regulatory documents, tax documents, company reports, financial analysts' reports, Bloomberg, FactSet, MSCI, S&P Capital IQ, Thomson Reuters and business media from 166 countries; as well as non-public sources, including a global wiki-style network with more than 250 company insiders, informants and management contacts. ”
Company status Mars inc according to the analysis: scale back business and stopped advertising/new investments/exports in Russia
Source
Who has not left the Russian market? July 7, 2023 - kse institute:
Some factories of the company continue to produce chocolate and other products:
"The company promised to reduce business and refocus on feeding Russians and pets. "Any profit from Russian business will be used for humanitarian purposes. The company will not import or export products. Factories are still operating in Russia and sales are being made." Continue to work in Russia with increased revenue in 2022 compared to 2021 (+$432 million or +20%). Mars last year announced the suspension of work in Russia. However, some factories of the company continue to produce chocolate and other products. The Prosecutor's Office of the Moscow Region is investigating Mars for possible financing of the Armed Forces. The National Agency for the Prevention of Corruption (NACP) included two leading food corporations, PepsiCo and Mars, on the list of international sponsors of the war.
Source
Has Mars left the Russian market? August 19, 2024 - Yale School of Management:
A bit of background to the fact check source:
“We have a team of experts with experience in financial analysis, economics, accounting, strategy, management, geopolitics and Eurasian affairs, fluent in ten languages, including Russian, Ukrainian, German, French, Italian, Spanish, Chinese, Hindi, Polish and in English, collecting this unique set of data from open sources such as government regulatory documents, tax documents, company reports, financial analysts' reports, Bloomberg, FactSet, MSCI, S&P Capital IQ, Thomson Reuters and business media from 166 countries; as well as non-public sources, including a global wiki-style network with more than 250 company insiders, informants and management contacts. ”
Company status Mars inc according to the analysis: factories and sales operations operating in Russia
Source
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Brands: SNICKERS®, MARS®, TWIX®, BOUNTY ®, M&M'S®, SKITTLES®, ORBIT®, PEDIGREE®, CHAPPI®, WHISKAS®, KITEKAT®, SHEBA®
and then