Nestle, Philip Morris Latest To Withdraw From Russia

March 9, 2022 Russia, Ukraine

Nestle, Philip Morris, and Imperial Brands joined the list of multinationals stepping back from Russia on Wednesday as pressure mounts from consumers in the West to take a stand against the invasion of Ukraine. The world’s biggest packaged food group fell into line with rivals Procter & Gamble and Unilever in halting investment in Russia, while cigarette maker Philip Morris said it would scale down manufacturing and Imperial went further and suspended it.

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Nestle, tobacco groups latest companies to pull back from Russia https://t.co/JDoSr5wfZ8 pic.twitter.com/D0chVraeAU

— Reuters (@Reuters) March 9, 2022