Mondelez International, Inc. is an American multinational confectionery, food, holding and beverage and snack food company. Mondelez has an annual revenue of about $26 billion and operates in approximately 160 countries.
Top 100 largest companies in Russia by revenueTop 100
The company has a subsidiary and 3 factories. Significantly increased revenue in Russia from $928mn in 2021 to $1.343bn in 2022.
Initially, the company promised to scale back all non-essential activities in Russia, discontinue all new capital investments and suspends advertising media spending. But later they announced: "We continue to evaluate the situation in Ukraine and Russia and our ability to control our operating activities and businesses on an ongoing basis, and we continue to consolidate both our Ukrainian and Russian subsidiaries. During the first quarter of 2022, Ukraine generated 0.3% and Russia generated 2.4% of consolidated net revenue and during the first quarter of 2023, Ukraine generated 0.4% and Russia generated 2.8% of consolidated net revenue". Significantly increased revenue in Russia from $928mn in 2021 to $1.343bn in 2022. Was included in the list of international war sponsors by NACP.
|May 25, 2023||NACP included the manufacturer "Barney the Bear" in the list of international sponsors of the war|
|May 25, 2023||Sweets with the taste of blood: the manufacturer of "Barney" and Oreo was recognized as a sponsor of war|
|May 25, 2023||The National Agency on Corruption Prevention listed the producer of Milka chocolate and Oreo cookies on the list of war sponsors Source: https://biz.censor.net/n3420702|
|May 16, 2023||Did you know that Marabou's parent company Mondelez paid 2 billion sek to the Russian state in 2022?|
|May 07, 2023||Mondelēz Exports into Russia|
|April 24, 2023||FORM 10-Q for the quarterly period ended March 31, 2023|
|February 12, 2023||For Fear or Money, Consumer Giants Are Staying in Russia|
|October 13, 2022||Mondelez CEO explains why the snacking giant still does business in Russia|
|March 09, 2022||STATEMENT ON WAR IN UKRAINE|