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Mondelez CEO Warns Kremlin Seizure if Russia Exit

6/17/2026

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Story summary
  • CEO Dirk Van de Put warns that exiting Russia could prompt the Kremlin to seize Mondelez plants and fund the war.
  • Mondelez International keeps its Russian operations running, pays taxes that aid the Ukraine conflict, and generates $1 billion-$1.4 billion in annual sales.
  • Over 70 MPs have urged Mondelez to cut ties with Russia, deeming its continued business unjustifiable.