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The corporation promised to reduce business in Russia, but at the same time incr...

NAPC has introduced Procter & Gamble to the International Sponsor Sponsors List: What brands are owned by the company

The corporation promised to reduce business in Russia, but at the same time increased profits in the territory of the aggressor state, raising the price tag there. The National Corruption Agency (NAPC) has introduced the American Procter & Gamble (P&G) corporation, which produces products under the brands of Gillette, Fairy, Pampers, to the List of International Sponsors of War.

One of the reasons for this decision was the fact that the company continues to work in the Russian Federation and promotes mobilization in the territory of the aggressor state. This is stated in the NAPC message from February 2. The agency reminded that in March 2022, P&G announced a reduction in the range in the Russian Federation and promised to supply only health and hygiene goods to the territory of the state.

Last year, August reported that it refuses to invest in business development in Russia. However, the corporation continues to operate in the Russian Federation and develop, in particular, in the Russian Federation still operates of household chemicals, the largest manufacturer of detergents for the company, as well as the Gillette production plant. "In this way, the company continues to earn in the Russian market and contribute to the state budget of the aggressor country.

For 2021 the company paid about $ 5. 2 million in the form of tax revenues and other payments. Also, the company gives jobs for about 2. 5 thousand Russians" , - the message says. In addition, according to the NAPC, in March 2022 the corporation raised prices for its goods in the Russian Federation by 40%, almost completely compensating for the loss of reducing the number of brands in Russia. This step has grown organic sale of the company in the Russian Federation.

"In addition, while staying in Russia, the company promotes mobilization, because under the new Russian legislation, corporations working in the Russian Federation are forced to participate in mobilization events, promote the conscription of employees to the army and finance their military equipment," - added to the NAPC.

In addition to P&G, the list of international sponsors of war is: According to the Kyiv School of Economics, in 2023, the revenues of the Russian Federation from oil and gas exports will be reduced by 50%. Meanwhile, according to the President of the European Commission Ursula von Der Lyen, energy sanctions imposed by the European Union against Russia for its aggression against Ukraine cost Moscow 160 million euros a day and this pressure will only intensify the introduction of new measures.