Skip to main content

Nestlé, Carlsberg, and Coca-Cola are among the companies that will cease operations in Ukraine.

With the war in Ukraine raging, many businesses are scrambling to protect their employees and operations in the region. Here is a list of multinational corporations that have been impacted by the crisis, as well as their reactions. AB InBev Efes, a joint venture between Anheuser-Busch InBev NV and Anadolu Efes of Turkey, employs 3,000 people in Ukraine and has halted sales and production.

Coca-Cola HBC, a Swiss bottler, has closed its operations in Ukraine and sent its employees home. "We have implemented our contingency plans, which include ceasing production in Ukraine, closing our plant, and instructing colleagues in the country to stay at home and follow local guidance," a Coca-Cola HBC spokesperson told Bloomberg. "We will keep this under review in the coming months."

Carlsberg, the Danish beermaker with 1,300 employees in Ukraine, has shut down two of its three Ukrainian breweries and sent employees home. According to Reuters, Mondelez International, the Chicago-based manufacturer of Chips Ahoy and other snacks, is preparing to take action with more than 4,300 employees across Eastern Europe. According to Reuters, he stated that if the situation becomes too dangerous, Mondelez will close plants in both countries.

Nestle, the world's largest food corporation, employs 5,000 people in Ukraine. It is closing three factories in the area for the time being.

According to a company spokesperson, Philip Morris International Inc., which sells the Marlboro brand outside of the United States, is "closely monitoring the situation." Russia and Ukraine will account for approximately 8% of total net revenues in 2021.

Restaurant Brands International Inc., which owns the Burger King brand, said in a filing on Wednesday that the conflict could harm economic conditions and dining out demand, and that sanctions could "adversely affect us and our franchisee's restaurants in Russia and Eastern Europe."

Comments

Popular posts from this blog

Musk shows off an animation of SpaceX's prospective Mars trip and declares, "This will be true."

Elon Musk's SpaceX is building Starship, a fully reusable transportation system capable of transporting crew and cargo to Earth's orbit, the Moon, Mars, and beyond. Elon Musk, the founder of SpaceX, posted an animated animation on Tuesday showing the company's Starship spacecraft and Super Heavy rocket, collectively known as Starship, on their way to Mars. The five-minute movie, which includes amazing images and music, chronicles the Starship's journey from Earth to Mars. Astronauts may be seen staring out on a lit-up Mars base in the final seconds of the footage. Elon Musk, who is also the CEO of Tesla, tweeted, "This will be real in our lifetime." Musk’s aerospace company SpaceX aims to land the first humans on the Red Planet by 2024. It is developing Starship, a fully reusable transportation system capable of transporting crew and cargo to "Earth's orbit, the Moon, Mars, and beyond." "Starship will be the world's most powerful launch

BCCI shares pics of Dravid training session on Twitter

BCCI took to Twitter to share pictures of Team India head coach Rahul Dravid bowling during a training session. "Celebrating the 23rd anniversary of Anil Kumble's 10-74," the BCCI wrote. Kumble became the second bowler in Test cricket history to take ten wickets in an innings by registering figures of 26.3-9-74-10 against Pakistan on February 7, 1999 in Delhi.

Fireboy DML & Ed Sheeran - Peru (Official Video) - MUST HEAR SONG