Hold off investments: company postponing future planned investment/development/marketing while continuing substantive business
Wait Pausing Investments
Nestle is a Swiss multinational food and drink corporation. It is the largest publicly held food company in the world.
Hold off investments: company postponing future planned investment/development/marketing while continuing substantive business
Wait Pausing InvestmentsGlobal 500, is an annual ranking of the top 500 corporations worldwide
Global 500Top 100 largest companies in Russia by revenue
Top 100The company is suspending KitKat and Nesquik, among other brands. It halted non-essential imports and exports into and out of Russia, stopped advertising, and suspended all capital investment in the country. Nestle doesn't expect to make a profit in the country or pay any related taxes for the foreseeable future in Russia, any profit will be donated to humanitarian relief organizations.
| March 31, 2022 | https://forbes.ua/news/nestle-ne-sponsorue-viynu-shveytsarska-kompaniya-zayavila-shcho-ne-splachuvatime-podatki-v-rosii-27052022-6263 |