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HomeWorldPepsiCo and Mars were...
September 1, 2023

PepsiCo and Mars were on the list of war sponsors – NAPC

By David
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    The list of international sponsors of the war has been expanded in Ukraine.

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    .

    The National Corruption Prevention Agency has listed two American corporations, PepsiCo and Mars, because they continue to operate in Russia despite statements about reducing their business. Also, these companies pay taxes on the territory of the aggressor country. This was reported on September 1 by the press service of the NAPC.

    PepsiCo has 19 factories in Russia, employing about 20,000 employees and 40,000 agricultural workers. In the first year of Russia’s invasion of Ukraine, PepsiCo Holdings’ revenue increased to $2.59 billion, and the Russian budget received more than $115 million in taxes.

    In March 2022, this company announced the suspension of the production of drinks in Russia, but in chamois, the production of 7Up and Mirinda drinks under the Evervess and Frustyle brands resumed. In March 2023, the production of the Pepsi drink resumed.

    And the Mars company, known for its chocolate bars, has been operating in Russia for over 30 years. During this time, 2.5 billion dollars were invested in the Russian economy, 10 factories were created and more than 6 thousand jobs were provided. This company also promised to cut business in Russia, but in 2022 continued its work, and revenues rose to $2.45 billion, while net income increased by 59% to $377 million. 93 million dollars were paid to the Russian budget. taxes.

    Recall, the National Agency for the Prevention of Corruption recognized the Chinese group of companies Alibaba Group Holding Limited, the owner of the AliExpress online commerce platform, as an international sponsor of the war.

    Source: Racurs

    David
    David

    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.

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