invasion of Ukraine that started on February 24, 2022. The company used to be the largest international advertiser in Russia, having spent over 6.1 billion Russian rubles in 2021.
The total sales revenue of Nestlé Russia, the local subsidiary of Nestlé, reached approximately 189.6 billion Russian rubles in 2021, up 14 percent from the previous year. In March 2022, Nestlé suspended capital investment, advertising, and production and sales of several brands in Russia due to the Sales revenue of Nestlé in Russia from 2012 to 2021 (in billion Russian rubles)
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RBC.ru. (May 6, 2022). Sales revenue of Nestlé in Russia from 2012 to 2021 (in billion Russian rubles) [Graph]. In Statista. Retrieved April 26, 2024, from https://www.statista.com/statistics/1295480/revenue-of-nestle-russia/
RBC.ru. "Sales revenue of Nestlé in Russia from 2012 to 2021 (in billion Russian rubles)." Chart. May 6, 2022. Statista. Accessed April 26, 2024. https://www.statista.com/statistics/1295480/revenue-of-nestle-russia/
RBC.ru. (2022). Sales revenue of Nestlé in Russia from 2012 to 2021 (in billion Russian rubles). Statista. Statista Inc.. Accessed: April 26, 2024. https://www.statista.com/statistics/1295480/revenue-of-nestle-russia/
RBC.ru. "Sales Revenue of Nestlé in Russia from 2012 to 2021 (in Billion Russian Rubles)." Statista, Statista Inc., 6 May 2022, https://www.statista.com/statistics/1295480/revenue-of-nestle-russia/
RBC.ru, Sales revenue of Nestlé in Russia from 2012 to 2021 (in billion Russian rubles) Statista, https://www.statista.com/statistics/1295480/revenue-of-nestle-russia/ (last visited April 26, 2024)
Sales revenue of Nestlé in Russia from 2012 to 2021 (in billion Russian rubles) [Graph], RBC.ru, May 6, 2022. [Online]. Available: https://www.statista.com/statistics/1295480/revenue-of-nestle-russia/