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Nestlé reviews options after Kremlin takeover
Nestlé intends to explore all options to protect its rights following the Russian government's takeover of its operations in the country under a presidential decree. The company owns six factories and employs around seven thousand staff there, generating annual sales of approximately two billion Swiss francs. This comes as part of Russia's regulatory measures on foreign assets since the beginning of the war in Ukraine, with restrictions on foreign companies intensifying, especially those Moscow considers "unfriendly."
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