Russia
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Mondelēz cuts down operations in Russia, to make business standalone
RUSSIA – Global snack giant Mondelēz International has planned to make its Russian business a standalone operation with a self-sufficient supply chain by the end…
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Heineken awaits approval to sell its Russian business to local buyer
RUSSIA – Heineken has announced it has found a buyer for its Russian business and is awaiting approval by the country’s authorities to approve the…
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Pernod Ricard halts export of Absolut vodka to Russia after criticism from Swedish politicians
RUSSIA – Pernod Ricard has decided to stop exporting its premium vodka Absolut to Russia, with immediate effect, after criticism that it was a “crazy…
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Danone mulls rebranding popular products in Russia, divest dairy facility in Spain
FRANCE – French dairy producer Danone is reportedly considering rebranding some of its popular products in Russia to maintain its share and to go over…
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Unilever considers exiting US$968M Russian business as pressure from critics mounts
RUSSIA–UK multinational consumer goods giant Unilever has announced that it may have to stop doing business in Russia, which may lead to it taking a…