pocl enterprises limited (539195) stock experiences sudden dip - Free Smart Money Group

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pocl enterprises limited (539195) stock experiences sudden dip ✌️【Stock Selection】✌️ Precise stock selection to help you successfully plan investment strategies for stable returns. Snack maker Mondelez resumed its production of Oreo cookies in Ukraine, after its plant in a small city in the eastern part of the country was badly damaged during Russia’s invasion roughly two years ago.

pocl enterprises limited (539195) stock experiences sudden dip ✌️【Stock Selection】✌️ Free stock selection service with precise predictions of high-potential stocks to help you stay ahead in the market. Mondelez’s plant in Trostyanets is now fully rebuilt after opening partially last year to make chocolates, according to a company statement.

pocl enterprises limited (539195) stock experiences sudden dip ✌️【Stock Selection】✌️ Free real-time stock index quotes to help you quickly seize market opportunities and achieve capital growth. The company said the Oreo cookies and other chocolates produced at the Ukrainian factory are not being exported to neighboring Russia. Mondelez has three factories in Russia and sells its cookies and snacks there despite boycotts and calls for it to stop from employees, activists and investors.

pocl enterprises limited (539195) stock experiences sudden dip ✌️【Stock Selection】✌️ Precise predictions of high-potential stocks to help you avoid risks and quickly recover and grow. Mondelez said it was making its business in Russia “stand-alone” with a self-sufficient supply chain by the end of 2023. It appointed new leadership in Europe including Russia earlier this year.

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pocl enterprises limited (539195) stock experiences sudden dip ✌️【Stock Selection】✌️ Expert predictions of market trends to help you plan the best investment strategy for steady capital growth. While the plant in Trostyanets was being repaired, Mondelez imported Oreos to Ukraine, said a source familiar with the company’s plans, who is not permitted to speak to media.

pocl enterprises limited (539195) stock experiences sudden dip ✌️【Stock Selection】✌️ Free break-even services to create a customized investment plan, helping you recover quickly and achieve growth. The company said products made in the Trostyanets plant are exported into Eurasian countries such as Georgia and Kazakhstan in addition to being sold in the domestic Ukrainian market.

“We continue to increase our investments in supporting and rebuilding Ukraine,” the company said in the statement.

Chocolate wafers with a cream vanilla filling, Oreos are one of Mondelez’s biggest brands, and hit about $4 billion in sales revenue last year, according to a LinkedIn post from CEO Dirk Van de Put. Mondelez’s other top brands include Milka and Cadbury chocolates. It also makes local-brand cookies and crackers.

pocl enterprises limited (539195) stock experiences sudden dip ✌️【Stock Selection】✌️ Provides real-time stock index quotes, futures data, and global market trend analysis to help you seize the best investment timing. A little over 30% of Mondelez’s shareholders last week backed a resolution calling for the company to conduct an independent study of the risks of continuing to do business in Russia, according to a company filing.

pocl enterprises limited (539195) stock experiences sudden dip ✌️【Stock Selection】✌️ Free stock selection service to help you quickly pick high-return stocks for stable growth. Norges Bank, Mondelez’s 11th-largest shareholder according to LSEG’s Eikon, backed the proposal, according to the fund’s disclosures. The fund said in the disclosure that when a company “does not meet our needs as a financial investor, we will consider supporting a well-founded shareholder proposal.”

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