The prime minister of Ukraine remonstrated with Nestlé after its CEO refused a plea to stop doing business in Russia.
The prime minister of Ukraine remonstrated with Nestlé after its CEO refused a plea to stop doing business in Russia.
Nestlé has suspended shipments of some products, like mineral water and coffee, to Russia but is continuing to provide essentials like baby food. Denys Shmyhal, Ukraine’s prime minister, asked Nestlé CEO Mark Schneider to cease all Russian operations.
Afterward, Shmyhal tweeted: “Talked to @Nestle CEO Mr. Mark Schneider about the side effects of staying in Russian market. Unfortunately, he shows no understanding. Paying taxes to the budget of a terrorist country means killing defenseless children & mothers. Hope that Nestle will change its mind soon.”
Nestlé declined to comment to Business Insider and told Bloomberg, “We consider conversations with governmental authorities private.”
Nestlé has six factories in Russia, where it earned $1.8 billion in revenue last year.
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