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War & Conflict4h 48m ago

Mondelez's CEO Dirk Van de Put defended the company's decision to continue operating in Russia, stating that pulling out would risk jobs and asset confiscation, despite admitting the taxes paid fund the war with Ukraine.

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Russia, Ukraine

Who
Dirk Van de Put (Mondelez CEO), Alex Sobel (Chair, All Party Parliamentary Group on Ukraine)
What
Mondelez's CEO Dirk Van de Put defended the company's decision to continue operating in Russia, stating that pulling out would risk jobs and asset confiscation, despite admitting the taxes paid fund the war with Ukraine.
When
Tue, 16 Jun 2026 23:05:23 GMT · 4h 48m ago
Where
Russia, Ukraine ·
Why
Mondelez continues to operate in Russia to protect thousands of jobs and prevent the Kremlin from taking control of its local operations, which the CEO believes would provide a larger source of income to fund the war.
The Frontline Impact

How this affects you

Mondelez's decision highlights the complex ethical and business challenges multinational corporations face during international conflicts, balancing economic interests and employee welfare against the potential for indirectly supporting belligerent actions. The company's continued presence and tax contributions in Russia are drawing criticism from parliamentary groups.

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