Russian invasion of Ukraine: How Toyota, Ikea and other companies are responding

Companies including Toyota, Nestle, and Ikea parent, Ingka Group have been keeping a watchful eye on the deadly military conflict.

Ingka Group, which operates Ikea stores worldwide, said the recently declared sanctions will impede its operations, although the company declined to elaborate on the extent of the impact. "Ingka Group has a long-term engagement with our customers, co-workers and suppliers both in Russia and Ukraine," the company said in a statement to FOX Business. "The declared sanctions will affect all international companies, including Ingka Group.

Residents seeking to leave the capital are stuck in traffic on a highway in Kyiv, Ukraine, on Thursday, Feb. 24, 2022. "Nestlé’s products have been present in Russia for over 150 years," the spokesperson said. "Over 90% of our products sold in Russia are locally produced and our business is focused on supplying consumers in the country." Flame and smoke rise from the debris of a privet house in the aftermath of Russian shelling outside Kyiv, Ukraine, Thursday, Feb. 24, 2022.

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