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How much did global brands remaining in Russia earn in 2023?

How much did global brands remaining in Russia earn in 2023?

How much did global brands remaining in Russia earn in 2023?

Not all multinational corporations have left Russia after its invasion of Ukraine. The global community has introduced strict sanctions, but a number of brands and companies still operate in the aggressor country. And they get quite a payoff from it.

Specialists from B4Ukraine, a global coalition of civil society organizations led by a common purpose to block access to economic resources enabling Russian aggression, calculated the 2023 financial results and other "achievements" of some of the "remainers".

Unilever:

  • $50 million paid in income tax to the Russian budget;
  • around 3,000 people are employed in Russia.

PepsiCo:

  • $115 million paid in income tax to the Russian budget;
  • supplies crisps to Russian soldiers;
  • the Kyiv plant was ruined by Russia.

Mondelez International:

  • $62 million paid in income tax to the Russian budget;
  • the exports of the Milka chocolate to Russia rose by 130%.

Procter & Gamble:

  • $42 million paid in income tax to the Russian budget;
  • the prices for Russian products have been raised by 40%.

Mars:

  • $93 million paid in income tax to the Russian budget;
  • the profits in Russia increased by 59%;
  • 6,000 people are employed in Russia.

Nestle:

  • semi-finished products worth $374 million were supplied to Russia;
  • the Russian financial documents have been classified;
  • instruments were secretly shipped to Russia;
  • 7,000 people are employed in Russia.
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