The National Corruption Prevention Agency (NAPC) has included the Chinese automobile company Zhejiang Geely Holding Group Co., Ltd (Geely) on the list of international sponsors of the war.
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This was announced today, June 23, by the press service of the NAPC.
While most car manufacturers from Europe, Japan and Korea stop selling on the Russian market after the invasion of Ukraine, the Chinese company Geely continues to pay taxes to the Russian budget, actively support its economy and, accordingly, sponsor aggression against Ukraine, the NAPC notes.
It is noted that the company continues to introduce and sell new models of its brand in Russia: as of May 2023, the network of official Geely dealers is represented in 89 Russian cities and has 157 dealerships.
Sales of Geely-branded vehicles in Russia in the first three months of 2023 more than doubled year-on-year, from 5,543 to 12,673 units. And the revenue of Geely Auto Group for 2022 amounted to more than 20 billion dollars. United States, the NAPC notes. – There were no attempts to condemn the war of Russia against Ukraine from the company’s management.
In the Fortune Global 500 list of the largest companies in the world for 2022, Geely ranked 229th.
Source: Racurs
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.