Nestle Russia Nestle Russia
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History and Performance Indicators
2023: Denis Voityuk - new general director of Nestle Russia
In January 2023, Denis Voityuk, who previously worked for the company as sales director, was appointed the new CEO of the Russian representative office of Nestle. He took over from Marcial Rolland, who has led the company since 2017. Prior to that, Rolland also ran the French division of Nestle. Read more here.
2022
The plan for the construction of a plant for food for cats and dogs near Novosibirsk has been postponed
In October 2022, Nestle decided to postpone the implementation of a project to create a food plant for cats and dogs near Novosibirsk.
Stopping the sale and production in Russia of Friskies food for cats and dogs
In August 2022, the American company Purina, part of Nestle, stopped the sale and production in Russia of Friskies feed for cats and dogs, as well as a number of products from other brands due to difficulties in logistics.
Losses of $74 million due to a reduction in business in Russia
At the end of July 2022, the Swiss company Nestle spoke about losses due to a reduction in business in Russia. Changes in the operating and legal environment in Russia did not affect Nestle's control over Russian operations, according to a statement from the food manufacturer.
According to Interfax, citing Nestle's statements for the second quarter of 2022, the company did not make write-offs related to business in Russia, even despite a significant reduction in operations. However, it recognized write-offs in the amount of 71 million Swiss francs (about $74 million) related to real estate and production equipment in Russia.
Earlier in 2022, Nestle stopped supplying Nespresso capsules and San Pellegrino mineral water to Russia. However, the company continued to supply baby food, cereals and some pet food to the country.
The fact that we, like other food companies, supply the population with important food does not mean that we just continue to work as before, a company spokesman said in a conversation with Bloomberg.
By the beginning of 2022, Nestle had seven factories in Russia. Coffee production - in Timashevsk (Krasnodar Territory), baby food - in Vologda, animal feed - in Vorsino (Kaluga Region), confectionery products and ready-made breakfasts - in Perm and Samara, seasonings - in the city of Vyazniki (Vladimir Region). The profit from the Russian market is no more than 2% of the moves from the activities of the entire Nestle.
The company was going to build a plant for the production of animal feed in the industrial park "South PLP" in Novosibirsk. Planned investments in production 10 billion rubles. After the start of the Russian military special operation in Ukraine, this project was frozen.[1]
Continued work in Russia
Our factories and offices in Russia continue their work. Our goal is to provide consumers with high-quality food and drinks in all regions of our presence. We continue to present a large range of food products on the market, the report says. |
Nestle is a food and beverage company. The company is doing business in 186 countries as of March 2022 . Nestle offers products under more than 2 thousand brands, including Nescafe, Nespresso, "Russia is a generous soul," Bon Pari and Bystrov[2]
2021: Nestle's revenue in Russia rose 10.5% to CHF 1.719 billion
Nestle's revenue Russia in increased in 2021 by 10.5%, reaching 1.719 billion the Swiss francs. In 2020, the figure was 1.555 billion Swiss francs. More. here