NACP adds Mondelez International to the list of international sponsors of war
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Mondelez International and its managers are not concerned about the fact that by paying taxes to the state budget of russia, the company contributes to supplying the aggressor’s army, the National Agency for the Prevention of Corruption (NACP) said in a statement.
The interests of the company, which has an annual revenue of about USD 26bn and operates in 160 countries, are represented on the russian market by Mon’dalis Rus LLC, which has three factories: Bolshevik, which produces Yubileynoye biscuits, OREO, Barny Bear and TUC crackers; Pokrova factory [Alpen Gold, Vozduhny, Milka chocolate and Picnic bar]; and a factory in Veliky Novgorod [Dirol chewing gum and Halls lollipops].At the end of 2022, the profit of the russian subsidiary of Mondelez International amounted to USD 339m [+303% per year], with revenues of more than USD 1bn [+38% YoY]. The company paid more than USD 61m in taxes to the aggressor’s budget. This dry financial statistics is measured in the lives of Ukrainian children who will never taste Barny Bear again.
After russia’s invasion of Ukraine, Mondelez employees in the Baltic region, covering Lithuania, Latvia and Estonia, sent a petition to the company’s CEO Dirk Van de Put with a request to stop all business in russia, to which Mondelez responded formally by announcing the suspension of new investments and advertising in russia. However, judging by its financial performance, the russian market remains promising for the company.
Mondelez is slyly expanding its activities in the aggressor country and continues to pay significant funds to its state budget. Which is spent, among other things, on missiles that kill Ukrainian children.
As reported, 25 companies added to international sponsors of war list.
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