Coffee giant reorganizes business to stay in Russia ...News

Russia Today - Economy
Coffee giant reorganizes business to stay in Russia
source : Russia Today ( News ) () 47
JDE Peet’s will stop supplying several products to the country, but will not leave the market Amsterdam-based JDE Peet’s will continue to work in Russia despite the sanctions and criticism, CEO Fabien Simon said in an interview with the Wall Street Journal published on Friday. The world’s second-largest packaged coffee maker, JDE Peet’s has continued to operate in Russia and has repeatedly defended its stance, unlike a number of other international companies that left the country due to Ukraine-related Western sanctions. “It’s most likely going to be an enduring war, which means we have to take a more enduring so

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