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The British company Mondi group was removed from the list of war sponsors

Photo: Mondi gpoup

The company informed NAPC about the sale of the company’s largest and last asset in the Russian Federation – the pulp and paper mill JSC Mondy Syktyvkar and its final exit from the Russian market.

The British group of companies Mondi has been removed from the list of international war sponsors after completing its plan to sell its business to the Russian Federation. NAPC reported this.

It was noted that Mondi, a British paper manufacturer, officially confirmed the closing of the deal and placed a corresponding announcement on the London Stock Exchange.

The company informed NAPC about the sale of the company’s largest and last asset in the Russian Federation – the pulp and paper mill JSC Monday Syktyvkar and final exit from the Russian market.

“We thank Mondi for making the only right decision – to stop sponsoring the Russian invasion. This earns the respect of the brand from the civilized world. We wish the prosperity and development of the business of Mondi and whoever chooses of the values ​​of freedom, democracy and social responsibility, we urge you to follow their example. I am sure that leaving the Russian market is something that meets the long-term interests of any brand, but, unfortunately , not all businesses understand this in time, ” stressed Alexander Novikov, head of NAPC.

It was previously reported that the United States has introduced new sanctions against Russia.

12th package of sanctions: what bans are being prepared for Russia
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Source: korrespondent

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