Nestle halts most of its food factories in Russia

Nestle said that it does not expect to make a profit in Russia or pay any related taxes for the foreseeable future.
Nestle, the world’s largest food maker, said it is suspending the vast majority of its manufacturing in Russia amid growing pressure on multinationals to fully exit the country following its invasion of Ukraine.
The Swiss company is stopping the sale of brands like KitKat and Nesquik and will focus on other products including baby food and medical nutrition, it said in a statement.