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Investegate announcements from Etalon Group PLC, Etalon Update on Impact of Current Developments

Mondelez International is to continue to trade in Russia, with the Milka chocolate maker saying it will focus on selling “basic offerings”.

Mars is the latest major name in food to announce changes to its operations in Russia in the wake of the country’s invasion of Ukraine.

Falun is poised to host the final events of the International Ski Federation Cross-Country World Cup season, which has been curtailed earlier following the war in Ukraine.

Swiss chocolate manufacturer Lindt & Sprüngli has ceased operating in Russia following that country’s invasion of neighbouring Ukraine.

Food giant Nestle has suspended capital investment in Russia following the invasion of Ukraine but will continue to sell “essential” food products.

Arla Foods, one of the world’s largest dairy companies, is to stop operating in Russia.

Danone has halted its investment in Russia, although its manufacturing and distribution of products in the country continues.

The International Ski Federation says it will find a fitting handover of the Cross-Country World Cup crystal globe to Natalya Nepryaeva, with the Russian unable to attend the final event of the season due to the newly implemented ban on athletes from the nation.

The International Ski Federation says it will find a fitting handover of the Cross-Country World Cup crystal globe to Natalya Nepryaeva, with the Russian unable to attend the final event of the season due to the newly implemented ban on athletes from the nation.