Ukraine’s National Agency on the Prevention of Corruption (NAPC) has added the Swiss food company Nestle to its list of “war sponsors” because it continues to operate in Russia.

The report, published on November 2, said that Nestle’s profit from the Russian market is just over 2%, but despite this, the company “has not yet decided” to leave the Russian market. Nestle’s factories in Russia employ more than seven thousand people, which, according to the NACP, is a significant support for the Russian economy.

In March 2022, after the beginning of Russia’s full-scale invasion of Ukraine, Nestle announced that its well-known brands would not be represented on the Russian market. The company stated that it would focus its activities in Russia not on making money but on providing essential products (in particular, baby or medical food) following the “basic right to food.”

Nestle in Russia

Nestle has more than 7,000 employees in Russia. This is significant support for the economy of the terrorist state.

Nestle is represented in the Russian Federation through Nestle Russia LLC. In 2021, it paid more than $25 million in taxes. US DOLLARS. However, Nestle has not published data on its income and taxes paid for 2022, probably fearing international pressure.

Thus, in April 2023, the management of Nestlé Russia LLC asked the Ministry of Finance of the Russian Federation to take the necessary measures to restrict public access to the results of operations and financial statements of the company’s subsidiaries contained in the state information resource of financial statements. The purpose of this step is likely to avoid imposing sanctions on Nestle’s subsidiaries.

However, it is known that in 2022, Nestle imported semi-finished products and raw materials to Russia for USD 374 million. USD, and for the first 9 months of 2023 – USD 271 million. US DOLLARS.International sponsors of war

The #InternationalSponsorsOfWar listing is monitored daily by the international company LSEG, owners of Refinitiv, for any possible addition of further entities. The listed entities will be included into the World-Check database as appropriate to protect financial sector from accomplices of Russian war.

Gwara’s choice

PACE to recognize Putin’s regime as a dictatorship. Members of the Parliamentary Assembly of the Council of Europe have voted a resolution recognizing Russian President Vladimir Putin as illegitimate and the regime in Russia as a dictatorship. The document was supported unanimously.