this post was submitted on 04 Jul 2023
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From the article:
"The company said that if it were to abandon its business and brands in Russia, “they would be appropriated – and then operated – by the Russian state”. Unilever said it had not been able to find a way to sell the business that “avoids the Russian state potentially gaining further benefit, and which safeguards our people”. It said in that light, continuing to run the business with “strict constraints” was the best option."
Of course they are making profits there. But I suspect if they simply exit, that those profits would be made by whoever takes the business. Which would be some of the Kremlin oligarchs. It is "damned if you do, damned if you don't" situation.
No it's not. Unilever owns the supply chain and this should stop too. it is just keeping this going until sanctions are lifted and then being the only one present. Unilever has shown multiple times they are in it for the shareholders all the way.