WESTERN companies cut ties with Russia because of the war in Ukraine, but some still trade in the country.
Burger King, M&S and Cadbury’s are among the popular brands still operating in Russia.
Mondelez, the US food giant that owns Cadbury, said today it has cut all non-essential work in the country because of the war.
But his Russian arm is still trading to provide himself with basic necessities.
Meanwhile, other consumer companies still have franchise stores open as these operations are under the control of local business owners.
Firms including McDonald’s and Coca Cola have been criticized for maintaining their presence in the country but have since suspended operations.
The owner of fashion retailer Uniqlo also confirmed the spread and said it was now suspending its operations in Russia.
Earlier this week, Fast Retailing said Russian stores would remain open, calling clothing “a necessity of life.”
But now he has suspended operations in the face of “operational challenges” due to the “aggravation of the conflict situation.”
Japanese gaming giants Sony and Nintendo also announced today that they are suspending shipments of consoles to Russia due to the war in Ukraine.
Here is a list of companies that are still trading in Russia.
Burger King
The owner of Burger King Restaurant Brands International released a statement on Tuesday condemning the war in Ukraine.
But he did not close his 800 restaurants in Russia, instead saying that profits from those stores would be donated to humanitarian charities.
His restaurants in Russia are franchises run by independent local operators.
The firm, which also owns US brands Tim Hortons, Popeyes and Firehouse Subs, said it has already committed $3 million to support Ukrainian refugees.
Of this, $1 million comes from a profit from a restaurant in Russia, which was donated to the UN refugee agency.
Mondelez
The snack giant Mondelez, which owns Cadbury’s, is still active in Russia.
He said he had reduced all “non-essential activities” in the country, but “helps maintain the continuity of the food supply in the difficult times ahead.”
The firm did not confirm which core activities are ongoing.
A spokesman said: “We will focus our activities on core offerings, stop all new capital investment and suspend our media advertising spending.
“We recognize that this is a very dynamic and very worrying situation that we will continue to evaluate and adjust as necessary.”
RS
Marks & Spencer has an agreement with a Turkish franchise partner that operates 48 M&S stores in Russia.
Those stores not operated by M&S remain open, but the British retailer has stopped all deliveries to franchisees.
Pepsico
Pepsico has suspended the sale of Pepsi and 7up in Russia, as well as all investments and advertising.
However, it will continue to offer other products including milk, infant formula and baby food.
It says the decision remains “true to the humanitarian aspect of our business.”
“As we continue to operate, we will also continue to support the livelihoods of our 20,000 Russian employees and 40,000 Russian agricultural workers in our supply chain as they face significant challenges and uncertainties ahead,” the company said in a statement.
Hilton
Hotel giant Hilton has closed its Moscow office, but its hotels in Russia will remain open.
It also suspended all new development activities in the country.
The company said it is donating up to 1 million nights in its hotels to support Ukrainian refugees.
Profits from commercial activities in Russia will be used to provide humanitarian assistance in Ukraine, the report said.
Marriott
The Marriott hotel chain has also suspended the opening of new hotels, new buildings and investments in Russia.
His third-party properties in the country will continue to be open and for sale, Reuters said.
ICG
Similarly, Intercontinental Hotels Group, which owns the Holiday Inn brand, has suspended investment, development and openings in Russia.
But its branches in the country continue to work.
He closed his Moscow corporate office.
However, its hotels will remain open as they are operated by outside firms, Reuters reported.
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