Nestle plans to suspend several brands including KitKat and Nesquik in Russia.
Days earlier, Ukrainian President Volodymyr Zelenskiy had criticised Nestle, the world’s biggest consumer goods company, for continuing to operate in Russia.
Nestle has faced backlash from consumers, activist groups and politicians for not fully pulling out from Russia after its invasion of Ukraine.
The Swiss maker of Maggi and Nescafe has said repeatedly that it will continue to provide Russia with essential food, such as infant food and medical nutrition aid.
The company previously said it had halted non-essential exports and imports from Russia, stopped all advertising, and suspended capital investment.
Nestle will now also suspend the vast majority of pre-war trade categories in Russia, such as coffee and pet food.