The American company Mars stops investing in business in Russia and importing or exporting products, according to the company’s website.

“We have suspended new investments in Russia and will not import or export our products to or from Russia. Our social media activities and advertising in Russia and Belarus will be suspended,” Mars reports.

The company also informs that any profit from the Russian business will be directed to humanitarian aid. Mars will increase cash and in-kind donations for humanitarian purposes by $10 million in addition to the $2 million allocated last week.

In addition, Mars notes that it will make decisions in accordance with the further development of the situation around Ukraine.

Mars is one of the world’s largest food manufacturers. Mars is a family-owned company founded in 1911; its headquarters is located in McLean (Virginia, USA). Among the company’s brands are Mars bars, Snickers, Twix, Bounty, Milky Way, Orbit chewing gum, Whiskas and Pedigree pet food.