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Cadbury chocolate-owner Mondelez defends staying in Russia (opens original article in a new tab)

TL;DR

Mondelez CEO defends staying in Russia amid war with Ukraine, citing job protection and avoiding state takeover, while continuing operations in Ukraine despite ongoing conflict.

  • Mondelez CEO Dirk Van de Put defended staying in Russia after the 2022 invasion, citing job preservation and avoiding Kremlin control of operations.
  • Mondelez continues to pay taxes in Russia that fund the war with Ukraine, though it halted new investments and advertising there.
  • The company operates two plants in Ukraine, one of which was hit twice and rebuilt, with no layoffs and doubled salaries for employees during the conflict.

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