Contents tagged with Roshen
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Poroshenko’s Roshen factory in Russia will close in April
The Roshen Corporation, which belongs to Ukrainian President Petro Poroshenko, will cease its operation at the Lipetsk confectionery factory. This was stated by the company’s press service on it’s website on Friday, January 20th. "This decision was made due to economic and political reasons," the statement reads, without providing any further details.
The production and the storage of the production facilities and infrastructure are planned to stop operating fully in April.
President …
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Poroshenko Transfers his Stake in Roshen to Blind Trust
The President of Ukraine, Petro Poroshenko, says that he has transferred his confectionery company, Roshen, to a blind trust.
"I have signed the contract to transfer my share in Roshen to a blind trust. This action was taken in accordance with the highest international standards and is full compliance with Ukrainian law. What does this trust do? First, during my tenure as President, neither I nor anybody else can revoke the trust. Second, under this contract neither my signature nor my …