Reducing Activities: company scaling back some business operations while continuing others

Stay Scaling Back

General Mills Inc. - American corporation - manufacturer of food products, consumer goods.

Reducing Activities: company scaling back some business operations while continuing others

Stay Scaling Back
Revenue(RF), mln.USD
118
Glob.Revenue, mln.USD
18625
Staff(RF), 2021
271
The Company Statement
March 12, 2022

Suspended advertising and all capital investment in CPW in Russia. (No plants, employees or distributors in Russia. Joint venture with Nestle in Cereal Partners Worldwide. CPW has ties to Russia and sells GM cereal outside of the North America. CPW sales <1% of GM total)

https://www.cbsnews.com/news/russia-ukraine-companies-doing-business-in-russia-cbs-news-explains/
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