Nestlé comments on Russian operation oversight

Nestlé has announced that it is exploring all options to protect its rights following the Kremlin's decision to take control of its operations in Russia. The company owns six factories and employs seven thousand people there, with sales reaching approximately two billion Swiss francs in 2021. The company is assessing the situation after the Russian presidential decree granting Moscow authority over "unfriendly" assets, amid a 1.2% decline in its stock at the start of trading.