Oreo maker Mondelez faces Nordic backlash over Russian business.


OSLO, June 12 (Reuters) – Mondelz International ( MDLZ.O ) said late on Sunday it had asked to meet with the Norwegian government to protect its local business as a corporate boycott widened in the Nordic region over its continued presence in Russia. .

Airlines SAS and Norwegian Air, rail group SJ, hotel chain Strawberry, retailer ElkJob, cruise group Fjord Line and the Norwegian Football Association are among those that have announced in recent days that they will stop selling Mondelez products.

The global snack maker, which makes Oreo, Toblerone and dozens of other products, has a strong presence in Norway and Sweden through local chocolate makers Freya and Marabou.

After Moscow invaded Ukraine last year, some Western companies have sold their Russian assets, but workers from other countries, such as Mondelez, have remained. Russia says the invasion was a “special operation”.

The Nordic companies said they stopped selling Mondelez products after Ukraine’s National Anti-Corruption Agency issued a notice this year to blacklist the breakfast maker and other groups.

Kup Norge, Norway’s second-largest food retailer, said on Saturday it would seek advice from the Norwegian government before making any decisions.

In a statement, Mondelez stated that it would like to meet with the relevant government ministries to explain its position, and said that it will not sell products made in Russia in Norway.

The official policy should be based on the formal sanctions imposed by the West and other countries, and any guidelines should be based on concrete criteria that treat companies equally, the American group added.

Mondelez said it was maintaining “limited” activity in Russia, halting investment and advertising, and condemned the war.

“Mondelez International respects all political decisions and sanctions and will continue to consider necessary adjustments to operations to ensure full compliance,” he added.

Reporting by Terje Solsvik. Edited by Jerry Doyle

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