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Oreo-Maker Mondelez’s Apparent Backtrack on Russia Prompts Transparency Concern

Summary by Bloomberg

After the 2022 invasion of Ukraine, Mondelez International Inc. joined a number of international companies in committing to downsize its presence in Russia. The maker of Oreo cookies has since walked those pledges back, leading some shareholders to renew calls for increased transparency.

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The American manufacturer of Milka and Oreo removed from its site the promises of reducing business in Russia

The American confectionery company Mondelez has removed from its official website previous statements about the reduction of business in Russia.

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Oreo-Maker Mondelez’s Apparent Backtrack on Russia Prompts Transparency Concern

After the 2022 invasion of Ukraine, Mondelez International Inc. joined a number of international companies in committing to downsize its presence in Russia. The maker of Oreo cookies has since walked those pledges back, leading some shareholders to renew calls for increased transparency.

1 month ago·United States

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Bloomberg broke the news in United States 1 month ago on Thursday, January 23, 2025.

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