Parallel worlds: Ukraine is falling into poverty, and Poroshenko’s business is growing by leaps and bounds
Kyiv, February 13 (PolitNavigator, Alexander Semenyuta) – The Kiev confectionery factory Roshen increased its net profit by 9 times compared to 2013. The company reported this in the information disclosure system National Commission on Securities and Stock Market.
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Retained earnings of Roshen by the end of last year amounted to UAH 341,4 million.
Roshen Corporation (sweets under the Roshen TM) is one of the largest Ukrainian confectionery assets, which includes Kyiv, Mariupol (Donetsk region), Kremenchug (Poltava region) and two Vinnitsa confectionery factories, the Bershadmoloko butter and dairy plant, Litinsky breeding plant (Vinnitsa region) , as well as the Lipetsk factory (Russia), the Klaipeda confectionery factory (Lithuania) and the Bonbonetti Choco factory (Hungary).
The business is controlled by Ukrainian President Petro Poroshenko. Before his election, he promised to sell it. In August 2014, Poroshenko even announced the selection of an investment company to support the transaction. Eight months into Poroshenko's presidency, the company is still not sold.
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