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Nestlé said it is assessing the situation and its options after a Russian presidential decree placed its local subsidiary, Nestlé Russia, under temporary external administration.
Nestlé said Russia’s presidential decree, published Thursday, places Nestlé Russia under temporary external administration, and the company is updating on its operations there.
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 it is noting Russia’s presidential decree putting Nestlé Russia under temporary external administration and is assessing its options.