Nestle says it is suspending capital investment in Russia over its invasion of Ukraine, joining an increasingly long list of other companies that have either scaled back or ceased operations altogether over the conflict.
over its invasion of Ukraine, joining an increasingly long list of other companies that have either scaled back or ceased operations altogether over the conflict.
The Swiss company, which produces Nescafe and Kit Kat, told FOX Business it will continue supplying essential food products in the country. A logo is pictured during the 152nd Annual General Meeting of Nestle in Lausanne, Switzerland April 11, 2019. "We continue to stand with the international community in calling for peace and a swift restoration of security and stability in the region," Nestle said in a statement provided to FOX Business. "We are working hard to help keep food available to the people, be it on store shelves or through donations of essential foods and beverages like baby food, cereals, soup and noodles to those in need.
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