Doing Business in Russia
At Euronomy, we believe in transparency and accountability — especially in times of war. That’s why we’re sharing this list of companies that continue to do business in Russia, based on data from the excellent resource Leave-Russia.org.
We’ll always be happy to update this list and promote any company that decides to pull out. In fact, they’ll get a free ad spot here on Euronomy.
What do you say to that offer, Nestlé?
Anadolu
Nestlé
Known For: Brands like KitKat, Smarties, and Quality Street. Recognized for a vast product range; faced backlash over continued Russian operations.
Employees: Approximately 273,000 globally.
Farming & Ethics: Long-running child labour controversies in West Africa. Stayed in Russia after 2022 invasion, triggering major boycott.
Mondelez International (USA)
Known For: Cadbury (UK), Milka, Toblerone. Products are popular worldwide; ongoing Russian business has led to reputational challenges.
Employees: Around 80,000 globally.
Competitors: Mars Inc. (USA), Nestlé (Switzerland).
Stance on Russia: Continues operations in Russia; designated as an "international sponsor of war" by Ukraine in 2023.
Godiva
Known For: Luxury Belgian chocolates, famous for gourmet truffles, pralines, and chocolate-dipped strawberries.
Employees: Approximately 2,500–5,000 globally
Farming & Ethics: Cocoa Horizons Foundation member. Limited independent transparency.
Ferrero
Known For: Beloved for its Nutella spread and Ferrero Rocher chocolates, as well as Kinder chocolates.
Employees: Approximately 47,000 globally
Farming & Ethics: UTZ/Rainforest Alliance certified cocoa. Hazelnut supply chain (Turkey) flagged for child labour concerns. Continued operations in Russia after 2022 invasion.
Ritter Sport
Known For: Distinctive square chocolate bars (100g) available in a wide array of flavors.
Employees: Approximately 1,000 worldwide
Farming & Ethics: Runs own cocoa plantation in Nicaragua — high traceability. However continued sales in Russia after 2022, with revenue increasing.
August Storck
Known For: Maker of popular sweets like Werther’s Original caramel candies, Toffifee caramel hazelnut cups, Merci chocolate, and Knoppers wafers.
Employees: Approximately 6,100 globally
Farming & Ethics: Very limited sustainability disclosure. Not only stayed in Russia after 2022 but increased exports there by 51%.