Nestlé says Russia put local unit under state administration
Nestlé says a Russian presidential decree placed Nestlé Russia under temporary external administration, and it is assessing options to protect its rights and ensure continuity of operations.
Nestlé said a Russian presidential decree placed Nestlé Russia under temporary external administration. The company said it is assessing the situation and its options, and is aiming to protect its rights and ensure continuity of operations.