Nestle Russia Pledges to Maintain Operations
Nestle's Russian unit will continue operations following the Kremlin's decision to place its assets under temporary management. The company aims to fulfill all commitments to clients and staff while protecting its business interests.
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NESTLE SA-REG subsidiary in Russia pledged Monday morning to maintain full operations despite the Kremlin seizing control of its local assets. The Swiss food giant insists the decree does not constitute nationalization. The move impacts foreign operations in Switzerland and France amid heightened geopolitical tensions.
