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Mondelez says sales in Russia drop due to self-imposed advertising freeze

Mondelez says sales in Russia drop due to self-imposed advertising freeze
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PepsiCo, Mars see business boom in Russia after staying behind

Mondelez, Mars Inc. and PepsiCo Inc. had roaring sales in Russia last year, underscoring the strength of the Russian consumer more than a year after President Vladimir Putin invaded Ukraine.

City ofUnited kingdomSouthwest finlandMars wrigleyRamon laguartaMondelez rusAndrew clarkeLilit gevorgyanUnilever plcPernod ricardFinland institute for emerging economiesMondelez rusAlpen goldHeli simolaFinland instituteUkraine solidarity project

PepsiCo, Mars See Business Boom in Russia After Staying Despite Ukraine War

PepsiCo, Mars See Business Boom in Russia After Staying Despite Ukraine War
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PepsiCo, Mars and Mondelez see biz boom in Russia after staying behind

Mondelez, Mars Inc. and PepsiCo Inc. had roaring sales in Russia last year, underscoring the strength of the Russian consumer more than a year after President Vladimir Putin invaded Ukraine. Sales for Mondelez Rus’, which sells Jubilee biscuits and Alpen Gold chocolate, rose 38 percent last year to 92 billion…

United kingdomSouthwest finlandMars wrigleyLilit gevorgyanVladimir putinMondelez rusRamon laguartaAndrew clarkeUnilever plcFinland institute for emerging economiesMars incPepsico incPernod ricardPresident vladimir putinMondelez rusAlpen gold

Companies which stayed in Russia after invasion see profit boom despite tumbling Ruble | World | News

Western companies that remained in the Russian market may have also benefited from competitors exiting.

Southwest finlandUnited kingdomUkraine generalRamon laguartaMars wrigleyLilit gevorgyanAndrew clarkeVladimir putinMondelez rusMars incPepsico incFinland institute for emerging economiesPernod ricardUnilever plc onPresident vladimir putinMondelez rus