Hold off investments: company postponing future planned investment/development/marketing while continuing substantive business
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The Kraft Heinz Company is an American food concern. The Kraft Heinz Company, commonly known as Kraft Heinz, is an American multinational food company formed by the merger of Kraft Foods and H.J. Heinz Company co-headquartered in Chicago and Pittsburgh.
Hold off investments: company postponing future planned investment/development/marketing while continuing substantive business
Wait Pausing InvestmentsKraft Heinz is reportedly selling one of its facilities but it was not confirmed. Kraft Heinz Agrees to Sell Russian Baby Food Business (which is the secondary business), Local Buyer Says.
Stopped new investments and exports/imports from Russia, American food manufacturer Kraft Heinz, the largest shareholder of which is Warren Buffett's Berkshire Hathaway, is putting up its business for the production of baby cereals, purees and other baby food for sale. The company continues to conduct a full-fledged business in Russia in its main category of sauces. The sale of the business concerned only the category of baby food. In the main category, the company is increasing its marketing activities in Russia (for example, see the new advertisement for the Picador brand https://www.youtube.com/watch?v=7T795vnCOw8).