In response to Russia’s invasion of Ukraine, the Kraft Heinz Company said it has suspended all new investments in Russia.
In addition, the U.S. based company with global operations has suspended all international trade with Russia.
“While we continue to closely assess the humanitarian crisis in Ukraine, Kraft Heinz has suspended all new investments in Russia, and has also suspended all exports of Kraft Heinz products to Russia as well as imports of products from Russia,” the company said in a statement.
To show its support for Ukrainians, the company has donated US$1 million to the Red Cross to address the humanitarian crisis. It has also implemented a $2 to $1 company match for employees who wish to personally donate to the Red Cross.
“We have also made several in-kind donations, including our Pudliszki brand in Poland donating food products to the local Red Cross, helping feed refugees arriving from Ukraine,” the company stated.
Kraft Heinz, which operates among multiple food channels, is the sixth largest turkey producer in the United States, having slaughtered 308 million pounds of live turkeys in 2020, according to the WATTPoultry.com Top Companies Database. It is the parent company of Oscar Mayer.
