Contents tagged with Roshen
-
Russia extends arrest of Roshen's assets
The Basmanny District Court of Moscow extended the arrest of immovable property and land of the Roshen confectionary factory in Lipetsk for three months. As a result, all money on the factory’s accounts for salaries of remaining personnel, were withdrawn to pay taxes, fines and penalties, the factory’s press service stated.
"In fact, before the Arbitration Courts could took any decisions on the case, [Russian] tax authorities, using unsubstantiated judicial decisions on cancelation of interim …
-
Media: Poroshenko’s companies managed by his friends and associates
Since 2014, Ukrainian President Petro Poroshenko’s business empire has been overseen by two Ukrainian LLCs, one foreign company, one trust, one government bank and one sole proprietor. This information was disclosed by the National Agency on Corruption Prevention (NAPC) in response to a query from Gleb Kanevsky, chairman of the expert organization StateWatch.
According to the NAPC, since 2005, all of Poroshenko’s corporate rights have been handed over to PJSC Prime Assets Capital, which …
-
Ukrainian Defense Minister: Poroshenko's company Roshen helped to re-equip air defense systems around Kyiv
Ukraine’s Minister of Defense, Stepan Poltorak, stated in an interview with Obozrevatel news outlet that the air defense system around Kyiv was re-equipped at the expense of Ukrainian President Petro Poroshenko’s company, Roshen Confectionery Corporation.
“Roshen helped to re-equip and repair Ukraine’s air defense system. Ukraine used to have three rings of air defense—then during a period when strategists anticipated there would be no threats, the weapons were sold or destroyed despite not …
-
Ukrainian Roshen confirms trading with unrecognised Transnistria
During an interview with Radio Liberty, Vyacheslav Moskalevsky, general director and minority shareholder of Roshen Corporation, said that Roshen Confectionery Corporation sells its products to Sheriff company of the unrecognized Transnistria Moldovan republic. Moskalevsky said "Well, yes, we trade, of course, and not only we; the fact is that we trade with them as residents of Moldova, understand?"
On the remark that Transnistria is a separatist region, Moskalevsky replied, "Actually, I'm not …
-
Roshen will not agree to sell its Russian factory for less than $200 million
Vyacheslav Moskalevsky, general director and minority shareholder of Roshen corporation, said he would not agree to sell the Lipetsk factory in Russia for less than $ 200 million. At the same time, the top manager realizes that no one will pay such a price for the asset, but prefers to let the factory "rot" than sell it for less.
LIGA.net asked at how much Moskalevsky would value the Lipetsk factory now, given that two years ago he valued it at $ 200 million.
"I am not putting forward a price. …
-
Ukrainian companies, including Roshen, supply products to unrecognized Transdniestria
The Ukrainian offices of well-known global brands, including the company Roshen, are supplying their products to the unrecognized Transdniestria. This was referred to in an investigation by journalists from the Moldovan publication RISE Moldova.
According to the investigation, the Ukrainian branches of Coca-Cola and Nestle, as well as President Petro Poroshenko’s company Roshen, are among the largest exporters of goods to the Moldovan Transdniestrian Republic. Their main trading partner is the …
-
Supporters of Saackashvili broke windows of Roshen store near the SBU detention center
Supporters of the former governor of the Odessa region and leader of the Movement of New Forces party, Mikheil Saakashvili, smashed the shop-window of the Roshen confectionery store near the "investigation isolation facility” (SIZO) of the Security Service of Ukraine (SBU) in Kyiv, where the politician is being detained, as reported by RBC-Ukraine.
Roshen is owned by the President of Ukraine, Petro Poroshenko, but it has been transferred to the management of the Rothschild Trust.
In Kyiv, …
-
International investigation reveals that Ukrainian President set up an offshore company to avoid taxes and not to facilitate the sale of his chocolate business
The purpose of creating an offshore corporation for Roshen, a confectionary business owned by President Petro Poroshenko, could be to minimize taxes rather than transferring the business into a blind trust for further sale, as indicated in an investigative report conducted by the Organized Crime and Corruption Reporting Project (OCCRP), an independent investigative journalism community, and the Slidstvo-info investigative journalism outlet, reported Hromadske TV.
According to the investigation, …
-
Media: Ukrainian President bought weapons for Ukrainian army with his own company funds
The Roshen Corporation financed the production of 100 sniper rifles, which in August, the President of Ukraine Petro Poroshenko gave to the third regiment of the Special Operations Forces of the Armed Forces of Ukraine.
"Petro Poroshenko and his company provided sniper rifles and other weapons to the Ukrainian army," the Presidential administration's response to Ukrainska Pravda says.
In particular, the weapons’ transfer was a result of a tripartite agreement between the manufacturer, the …
-
Moscow Basmanny Court extended the seizure of the property of the Roshen factory
The Moscow Basmanny Court extended the seizure of the property of the Roshen factory in Lipetsk until September 13, 2017, as reported by Roshen’s the press office.
“The cost of the seized property is many times higher than the amount of damages allegedly caused according to our lawyers. Nevertheless, Judge Lenskaya consciously ignored the Resolution of the Plenum of the Supreme Court of the Russian Federation dated June 1, 2017 No. 19. Let's see what the Moscow City Court will say when …