Oreo-maker Mondelez faces Nordic backlash over Russia business

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Oreo-maker Mondelez is facing a widening corporate boycott in the Nordic region over its continued presence in Russia

Nordic companies said their decision stop selling Mondelez products was based on an announcement this year by Ukraine's National Agency for the Prevention of Corruption toMondelez International's Oreo biscuits are seen in this illustration picture taken July 26, 2021. Picture taken July 26, 2021. REUTERS/Dado Ruvic/Illustration

Coop Norge, Norway's second biggest food retailer, said on Saturday that it would seek advice from the Norwegian government before making any decisions. Mondelez in a statement said it would seek to meet with relevant government ministries to explain its position, adding that it did not sell Russian-made products in Norway.introduced by Western and other nations, and any guidelines should be based on objective criteria that treat companies equally, the U.S.-based group added.

Mondelez said it maintained "limited" activity in Russia while halting investment and advertising, and had condemned the war. "Mondelez International complies with all political decisions and sanctions and will continue to consider necessary adjustments to operations in order to ensure full compliance," it added.

 

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