Nestlé’s Russia destiny looks doomed with “sizeable” revenue hit on exit
Analysts suggest Nestlé leaving Russia would shave around 2% off group sales and lead to asset write-offs of about one billion Swiss francs.
Analysts suggest Nestlé leaving Russia would shave around 2% off group sales and lead to asset write-offs of about one billion Swiss francs.
The US-based meat major is ploughing a total of Bt2bn ($60m) into the Southeast Asian country.
The consumer industry continues to be a hotbed of patent innovation. Activity is driven by convenience, health and wellness, environmental...
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