Economy

Nestlé halts investments in Russia due to war in Ukraine

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Nestlé, the world’s largest food group, announced on Wednesday the suspension of all capital investments in Russia following the country’s invasion of Ukraine.

The Swiss-based group added that it would continue to supply essential food products in the country.

Nestlé had already suspended its advertising in Russia.

Nestlé logo in Lausanne, Switzerland – Denis Balibouse – Apr 11, 2019/Reuters

companiesEuropeKievnestleRussiasanctionssheetUkraineVladimir PutinWar in Ukraine

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