Business news from Ukraine

PARLIAMENT INITIATES SANCTIONS AGAINST EX-PRESIDENT POROSHENKO AND HIS BUSINESS

23 October , 2021  

As many as 153 members of Ukraine’s Verkhovna Rada have endorsed the initiative of Vladlen Nekliudov of the parliamentary faction of the Servant of the People party requesting that Ukrainian President Volodymyr Zelensky impose sanctions on the enterprises of the Roshen confectionery corporation for “financing the budget of the aggressor state Russian Federation.”
The relevant decision was made at a parliamentary session on Friday.
Roshen, a leading confectionary producer in Ukraine, operates confectionery factories in Kyiv, Mariupol, Kremenchuk, Boryspil, Vinnytsia, Klaipeda (Lithuania), and Bonbonetti Choco in Hungary. The operations of the factory in Lipetsk, Russia, were halted on April 1, 2017.
According to the Unified State Register of Legal Entities and Individual Entrepreneurs, Roshen’s end beneficiary is Poroshenko’s son Oleksiy.
In December 2016, the Basmanny District Court of Moscow froze the assets of Roshen’s Lipetsk factory as part of a criminal case of embezzlement from the Russian budget.

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