Nestle is a Swiss multinational food and drink corporation. It is the largest publicly held food company in the world.

Global 500, is an annual ranking of the top 500 corporations worldwide

Global 500

Top 100 largest companies in Russia by revenue

Top 100
Revenue(RF), mln.USD
3049
Plants
7
Staff(RF), 2021
7000
Capital(RF), mln.USD
1275
Taxes(RF), mln.USD
502
Glob.Revenue, mln.USD
99255
Assets(RF), mln.USD
1455

Nestle restored factory and warehouse construction near Novosibirsk. Companies such as Nestle, Philip Morris International and similar Western corporations that continue to operate in Russia are the most likely potential targets for nationalization by the Russian authorities.

The Company Statement
July 01, 2022

The 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. On January 26, 2024 the Swiss company Nestle (brands Pro Plan, Purina One, Gourmet, Darling, Felix) warned suppliers about another increase in prices for cat and dog food starting in February.

March 07, 2024The Minister of Defense gave a directive to end the sale of the products still available in Russia under the administration
January 31, 2024Rosselkhoznadzor accused an Italian company of trying to poison Russian cats with arsenic
November 02, 2023International sponsors of war: 80 years after World War II, Nestle again “feeds” the aggressor
November 02, 2023International sponsors of war: 80 years after World War II, Nestle again "feeds" the aggressor
October 02, 2023Leroy Merlin topped the ranking of the largest foreign companies according to Forbes. Another company that did not disclose its finances for 2022 was the Russian subsidiary of Nestle.
September 05, 2023Nestle and Philip Morris named candidates for nationalization in Russia
August 23, 2023Nestle raises prices for baby food
August 07, 2023FT estimated damage to European companies since the beginning of the conflict in Ukraine at €100 billion
August 07, 2023FT: The largest European companies have lost 100 billion euros in Russia since the beginning of the war in Ukraine
August 06, 2023European companies suffer €100bn hit from Russia operations
July 11, 2023Letter sent by B4Ukraine to the company and the response provided
December 20, 2022Nestle is doing some actions to limit presence in russia but not sufficient
December 18, 2022Factory construction by Nestle and Purina in Novosibirsk, Russia
April 23, 2022Update on Russia and Ukraine
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Company statements and statistical data are collected from open sources and official registers according to the methodology of the KSE Institute.
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