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Mondelez defends Russia presence
Mondelez CEO Dirk Van de Put defended the company's decision to continue operating in Russia despite the war in Ukraine, citing concerns over job security and potential government confiscation of assets. The company has suspended new investments and advertising in Russia but maintains its presence, generating significant sales and paying taxes that fund the conflict. Mondelez also operates in Ukraine, where it has rebuilt facilities damaged in the conflict and continues to invest despite ongoing dangers.
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