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Nestle Says Not Profiting in Russia Amid Intensifying Criticism

  • Swiss food maker defends policy of selling essential products
  • Nestle says it’s also managing to operate in Ukraine

Nestle SA said it doesn’t make a profit from its remaining activities in Russia as the world’s largest food maker increasingly comes under pressure to completely stop operating in the country amid the war in Ukraine. 

Ukrainian President Volodymyr Zelenskiy called out Nestle for still doing business in Russia in a streamed speech to thousands of protesters in Switzerland’s capital of Bern on Saturday. Earlier this month, the Swiss company halted shipments of non-essential products to Russia such as Nespresso capsules and San Pellegrino bottled water. However, it keeps selling baby food, cereals and some pet foods there.