The international community continues to pressure Russia and take a stand against the Russia-Ukraine conflict, which began on February 24 when President Vladimir Putin decided to invade the European country.
Dozens of companies, including McDonald’s, Coca-Cola, Pepsi, Starbucks, Hermes, Netflix, Spotify, Chanel and Prada, have ceased operations in the Putin-led nation.
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These brands continue to operate in Russia
The Ukrainian Foreign Ministry published a list of 50 foreign brands that continue to operate in the country and called for a boycott of these companies for “supporting the enemy government. Every ruble paid in taxes to Russia turns into death and tears of Ukrainian children,” they wrote on Twitter.
Featured on the list are familiar names like Burger King, Kentucky Fried Chicken or KFC, Pfizer, Johnson & Johnson, Salvatore Ferragamo and Samsung Electronics. The publication also featured the name Nestlé, but the world’s largest packaged food group joined Philip Morris International and Sony in deciding to stop production in the country.
The Ministry of Foreign Affairs of Ukraine reveals the list of companies that have decided to continue working in Russia.
We call on relevant businesses, governments and consumers around the world to boycott such companies and their products. pic.twitter.com/E81w6efbjp
— Stratcom Center UA (@StratcomCentre) March 10, 2022
Big companies decide to leave Russia because of the invasion
According to the Italian newspaper Leggo, Caterpillar, the engineering giant based in the United States, also announced that it would leave Russia because operations in the country “became increasingly difficult, including interruptions and sanctions in the supply chain. supply”.
Many companies face difficulties to work due to the international sanctions imposed on Moscow and the growing rejection of the Russians for the actions of Vladimir Putin. In addition, the call to boycott the country also leads companies to take measures to reduce their business.
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Separately, McDonald’s said it would cost $50 million a month to close 847 stores across the country. While Netflix and Spotify suspended operations and closed their offices in the European country. Both platforms do not allow Russians to view their content.
We will be temporarily closing all restaurants and pausing all operations in Russia. Click to read the message from our CEO in its entirety: https://t.co/ncoB2A8GC6
— McDonald’s (@McDonalds) March 8, 2022
Russia could expropriate foreign companies
Due to the mass exodus of big brands in Russia, Andrei Turchak, secretary of the General Council of the United Russia party, warned that Moscow could nationalize the activities of inactive foreign companies, a decision that Putin supported.
“United Russia proposes to nationalize the production plants of companies by announcing their departure and closure of production during the special operation in Ukraine,” read part of the statement. (I)
Source: Eluniverso

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