Sanctions & Embargoes #mondelez#cadbury
Mondelez CEO Defends Staying in Russia Despite Taxes Funding Ukraine War
Mondelez International, owner of Cadbury and Toblerone, defends its decision to remain in Russia following the 2022 invasion of Ukraine. CEO Dirk Van de Put says exiting would risk thousands of jobs and allow Kremlin seizure, even as the company's tax payments contribute to the war effort. The firm has generated $1bn-$1.4bn in annual Russian sales since the invasion and faces renewed pressure from UK politicians.
Jun 17, 2026 1 source