Western companies are withdrawing from Russia under public pressure, but not everyone is affected. Three American corporations, including Mondelez, Mars and PepsiCo have shown rapid growth of their sales in Russia. All of them managed to cash in on the withdrawal of more conscious competitors.
That’s what Bloomberg reported, citing the companies’ financial reports and Russian tax data. The more the trade volume and profits of U.S. corporations in Russia grow, the more taxes they pay to the Kremlin. And the Russian authorities use this money to finance the war against Ukraine.
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Oh, come on, Pepsi! I supported you during the cola wars, and here you are going red on us.
