Which brands are included in nestle:
Promotes NESCAFÉ, Nesquik, Coffee-mate, Nuts, KitKat, Lion, Purina, Gerber, "Svitoch", "Torchyn" and "Mivina" brand products on the Ukrainian market
What does the nestle company make:
Widely represented in the markets beverages, confectionery, cooking, baby and special food, frozen products, ice cream, ready breakfasts and animal feed
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March 15, 2022 - address of President Volodymyr Zelensky:
"We must put pressure on Russia to make the price of this war against Ukraine extremely painful. That everyone in the world takes a moral position. Not only the state, but also companies. I'm talking about business.
Large corporations that still sponsor Russia's military machine have not left the Russian market, although they should have done so immediately. As soon as the world saw what Russian troops were doing on our Ukrainian land. ”
Source
March 16, 2022 - economic truth (nestle):
“The following large food producers remain in Russia: Nestle (Switzerland), Mars (USA), Danone (France), PepsiCo (USA), Coca Cola (USA).
Nestle Corporation owns a number of well-known brands: Nescafe, Nesquik, Kit Kat, Purina, Nuts, Fitness. The company announced its intention work with the occupying country, although it limited investment and sales of certain products.
Source
Who has not left the Russian market? March 22, 2022 - obozrevatel:
“Some brands have decided sit on two chairs at once. They loudly announced restrictions on work in the Russian market, but only stopped investing and removed advertising, but continue to do business there.
In 2020, these five companies had revenue 728 billion rubles ($ 9.9 billion). They account for the lion's share of the range in supermarkets.
"Among them is an American food company Mars. The second big example is Nestlé. Among the brands Nescafé, Svitoch, Mivina, Torchin, Nesquik, Coffee-Mate, Nuts, KitKat, Lion, Purina, Nespresso, Gerber, Bistrof. ”
Source
July 1, 2022 - kse institute:
The company stopped importing and exporting non-essential goods to and from Russia, stopped advertising and suspended all capital investments in the country:
“The company is discontinuing KitKat and Nesquik, among other brands. It stopped the import and export of non-essential goods to and from Russia, stopped advertising and suspended all capital investment in the country. Nestle does not expect to make a profit in the country or pay any relevant taxes in the foreseeable future in Russia, any profits will be donated to humanitarian aid organizations. On January 26, 2024, the Swiss company Nestle (brands Pro Plan, Purina One, Gourmet, Darling, Felix) warned suppliers about another price increase for cat and dog food starting in February.
Source
November 2, 2023 - NAZK:
80 years after the Second World War, Nestle again "feeds" the aggressor:
"The company is one of the largest food companies that continues to work in the Russian Federation. At the beginning of 2022, Nestle had seven factories in Russia. The profit from the Russian market is slightly more than 2% of the entire activity of Nestle. The company has more than 7,000 employees in Russia.
It operates in Russia through Nestlé Russia LLC. In 2021, the company's annual income in Russia amounted to more than $2.5 billion. It also paid taxes to the aggressor's budget, in particular, in 2021 the company paid income tax in the amount of more than $25 million. Nestle has not released its 2022 revenue and tax figures.
Shortly after the start of the full-scale invasion, the companies announced the suspension of exports and imports to Russia, with the exception of "primary necessities." However, according to media reports, as of February 2023, the shelves of Russian stores were overflowing with Nestle products.
It is known that Nestlé Russia LLC imported semi-finished products and raw materials to Russia in 2022 in the amount of 374 million dollars. USA, and for 9 months of 2023 in the amount of 271 million dollars. USA. In addition, in October 2022, Nestlé imported technical equipment to the territory of Russia under the guise of milk powder, as evidenced by the court proceedings of the Moscow Arbitration Court in case No. A40-24044/2023. That is, the company imports not only raw materials for primary necessities, but also tries to covertly send technological equipment to Russia for the development of its own business.
Thus, Nestle continues to actively support the Russian economy and, accordingly, sponsor aggression against Ukraine."
Addendum: under pressure from European partners, Ukraine removed the list of international sponsors of the war. But the screens do not burn and we fixed it
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Has Nestle left the Russian market? August 20, 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 according to the analysis: halted non-essential imports/exports to Russia, stopped all advertising, and suspended all capital investment
Source
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Brands: NESCAFÉ, Nesquik, Coffee-mate, Nuts, KitKat, Lion, Purina, Gerber, "Svitoch", "Torchyn", "Mivina"
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