Both companies said in a joint release that they will develop new chocolate products combining Biscoff taste and texture with Mondelez's Cadbury
Mondelez's rivals including Nestle, the world's biggest food company, continue to sell their products in Russia. Food does not fall under international sanctions
Mondelez has been accused of hindering the cross-border trade of chocolate, biscuits, and coffee products within the European Union
The company's domestic business sees 17 per cent of its revenues come from modern trade and 3 per cent from the digital channel.
Firm has tied up with various regional dosa and sweets makers in Chennai to come up with chocolate dosa, Mysore Pak and other products
While many manufacturers in Britain clearly desire a Brexit deal that would allow the free flow of products, Mondelez is preparing for the worst
The chocolate maker is embracing technology to power key functions such as distribution, retail and sales, besides leveraging tech solutions to reduce inventory levels
Strong results accrued from chocolate business in India, Germany and Russia