20:52 GMT +327 May 2018
Listen Live
    Ukrainian President Petro Poroshenko wipes his brow

    Bye-Bye, Sweetie! Poroshenko Shuts Down His Candy Factory in Russia

    Get short URL

    The decision to close the Russian factory of the Roshen candy manufacturer, which belongs to Ukrainian President Petro Poroshenko, was made independently by the company's shareholders, Kremlin spokesman Dmitry Peskov said Friday.

    MOSCOW (Sputnik) — Earlier in the day, Roshen said that it had decided to shut down the Russian factory due to "political and economic reasons."

    "This is the decision of the shareholders [of Roshen], you know that the work was carried out there [as a part of criminal investigation], and that the president has made statements about this, in fact, the company was able to continue work, but if the shareholders decided so then it's their sovereign decision," Peskov told reporters.

    Roshen produces 450,000 metric tons of sweets annually. The corporation has factories in Ukraine, Lithuania, Hungary and Russia.

    Never miss a story again — sign up to our Telegram channel and we'll keep you up to speed!


    Just Business: Leaked Docs Reveal Poroshenko Recognized Crimea as Russian
    Rumors on Nestle’s Acquisition of Poroshenko's Roshen Have Ripple Effect
    Poroshenko Hands Over Roshen Share to Rothschild Under Trust Deal
    Poroshenko Triples Asking Price in Roshen Sale
    Not So Sweet Deal: Poroshenko Accuses Russia of Meddling in Sale of Roshen
    Roshen, Petro Poroshenko, Dmitry Peskov, Russia
    Community standardsDiscussion
    Comment via FacebookComment via Sputnik
    • Сomment