Thursday, November 7, 2024
Thursday, November 7, 2024

Shamed! The Western companies that STILL won’t quit Russia

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Victoria Smith
Victoria Smithhttps://dailyobserver.uk
A well organized Business Reporter experienced in writing financial articles, e-books, essays, editorial pieces, press releases. 15+ years of experience in writing and editing financial news Excellent knowledge of the stock market functions and financial world. Skilled in researching and collecting information on business world important happenings and events.

The Daily Observer London Desk: Reporter- Victoria Smith

Firms including Unilever, advertised by actress Eva Longoria,(pictured) face renewed criticism for their presence in Russia

Western companies that are still selling air fresheners and ice cream in Russia have been accused of dragging their feet.

Shamed firms including Unilever and Reckitt face renewed criticism for their continuing presence in the country after Heineken and Domino’s became the latest to cease operations.

Businesses have argued it is logistically difficult to close or sell their Russian arms.

But Mark Dixon, of the Moral Rating Agency, said: ‘Feet-draggers often want more money than their Russian assets are worth – they put greed above morality, but they will get burned in the end.’

However, Hein Schumacher, the boss of Unilever, the maker of Magnum, as advertised by actress Eva Longoria, insisted: ‘None of the options are good, but the final option of operating our business in a constrained manner is the least bad.’

Victoria Smith
Victoria Smithhttps://dailyobserver.uk
A well organized Business Reporter experienced in writing financial articles, e-books, essays, editorial pieces, press releases. 15+ years of experience in writing and editing financial news Excellent knowledge of the stock market functions and financial world. Skilled in researching and collecting information on business world important happenings and events.

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Victoria Smith
Victoria Smithhttps://dailyobserver.uk
A well organized Business Reporter experienced in writing financial articles, e-books, essays, editorial pieces, press releases. 15+ years of experience in writing and editing financial news Excellent knowledge of the stock market functions and financial world. Skilled in researching and collecting information on business world important happenings and events.