Putin targets Nestle's Russian business as Kremlin tightens grip on Western assets
www.cnbc.com
Nestlé is assessing its options after Russia placed the Swiss food giant’s local assets under temporary external administration.

From the article:

“Russian President Vladimir Putin’s surprise move is widely regarded as the first step toward passing the assets into the hands of Kremlin-friendly investors and comes as part of a renewed push against Western businesses still operating in the country amid the Ukraine war.”

      • 0x0@infosec.pub
        32·
        25 days ago

        https://leave-russia.org/coca-cola

        The Coca-Cola Company is suspending its business in Russia but starts making in Russia ‘Dobry Cola’ and a bunch of juices with brands like Rich and Moya Semya.

        That is such bullshit propaganda. Is cokewashed a term yet?

        • partial_accumen@lemmy.worldOP
          2·
          25 days ago

          That is such bullshit propaganda. Is cokewashed a term yet?

          You’re not reading your source very well, and you’re drawing incomplete conclusions.

          The American Coca-Cola company did divest its assets and left Russia in 2022. The company making Dobry Cola isn’t the American Coca-Cola company. The company making Dobry Cola is called Multon Partners and is owned a company called Coca-Cola Hellenic Bottling Company (HBC) which is a Dutch bottling company, not the American soda company. The American soda company does not have a controlling interest (51% or greater) in Coca-Cola Hellenic Bottling Company (HBC) to decide to force Multon to stop.