Mondelez CEO explains why the snacking giant still does business in Russia

Mondelez CEO explains why the snacking giant still does business in Russia

In response to the invasion of Ukraine in February, major food and beverage companies such as Heineken and Starbucks (SBUX) have cut all ties with Russia.

But at least one major snack company continues to do business in the country. On a recent episode of “Influencers with Andy Serwer,” Mondelez International CEO Dirk Van de Put said that the company retains 3,000 employees in Russia and works with 30,000 suppliers there.

“We found that it would be a bit of a harsh decision to leave all…


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