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Russia news - Page 268

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The price of doing business in Russia

When Moscow launched its full-scale invasion of Ukraine, most global businesses rushed for the exit. Swiss food and drink firm Nestlé was not among them. The company hunkered down, a decision it framed as ensuring local people's "right to food." It made little difference to the Kremlin. On Sept. 17, the Russian government placed Nestlé Russia under temporary external administration, a move that could lead to the company's ultimate confiscation or nationalization. Nestlé now says it is "assess

About Russia

The Kyiv Independent’s coverage of news on Russia. Spanning eleven time zones across Eastern Europe and Asia, Russia has an estimated population of 146 million people. Russia’s capital city is Moscow, which is home to almost one in 10 Russians. Russia’s official currency is the Russian Ruble.

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