Oreo-Maker Mondelez’s Apparent Backtrack on Russia Prompts Transparency Concern
The maker of Oreo cookies has since walked those pledges back, leading some shareholders to renew calls for increased ...
Hosted on MSN11mon
Investors don’t care that we trade in Russia, says Cadbury owner
The boss of Mondelez, the owner of Cadbury, has claimed that investors do not “morally care” about it continuing to do business in Russia. Dirk Van de Put, chief executive of Mondelez ...
Asharq Alawsat (English) on MSN5d
Russia Hits Back with Multi-billion Penalty on Austrian Bank
A Russian court's order for Austria's Raiffeisen Bank International to pay 2 billion euros ($2.1 billion) in damages for a ...
Neue Zürcher Zeitung1y
Russian supermarkets are still filled with Nestlé products – contrary to company announcements
Some Western food manufacturers, such as Mars or Mondelez, are deliberately carrying on as before in Russia. The head of Mondelez International, for instance, said that they deliver chocolate and ...
The Financial Times13d
US and EU companies paid $3.5bn in Russian tax on profits in 2023
US companies, including Philip Morris International, PepsiCo, Mars, Procter & Gamble and Mondelez, were the biggest foreign ...
MercoPress28d
Cadbury dropped from royal warrants, apparently for still operating in Russia
Earlier this year, the King was urged by campaign group B4Ukraine to withdraw warrants from companies “still operating in Russia” after the invasion of Ukraine, naming Mondelez and consumer ...
U.S. News & World Report7d
Analysis-Trump's Return Adds New Twist to Western Firms' Russia Exit Dilemma
Procter & Gamble and Mondelez have maintained a presence citing humanitarian reasons. European lenders Raiffeisen Bank International and UniCredit remain ensnared by profits stuck in Russia and ...
Crain's Chicago Business3d
Mondelez's apparent backtrack on Russia prompts transparency concern
A new shareholder proposal is likely to be filed this year calling for more visibility on the Oreo maker's business in ...