06 February 2023, Monday, 18:29 461

NACP Recognizes American Procter&Gamble As Sponsor Of War

Editor: Daria Zubkova

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The National Agency on Corruption Prevention (NACP) included the American corporation Procter&Gamble (P&G) in the list of international sponsors of the war.

This is stated in the message of the NACP, Ukrainian News Agency reports.

The company owns such subsidiaries and brands as Gillette, Fairy, Tide, Ariel, Lenor, Mr. Proper, Pampers, Always, Head & Shoulders, Pantene, Old Spice, Hugo Boss, Max Factor and others.

The basis was the fact that, working in the Russian Federation, the company pays taxes to the Russian state budget and contributes to mobilization measures, the Economic Security Council of Ukraine provided information about this to the NACP.

In March 2022, P&G announced the reduction of the range in the Russian market and promised to leave only health and hygiene products in it.

And in August, information appeared that the company no longer invests in business development on the territory of the Russian Federation.

Despite this, P&G's business still operates and develops in Russia.

In particular, the household chemicals plant, which is the world's largest producer of detergents for P&G, and the factory for the production of blades and razors for Gillette continue to operate on the territory of the Russian Federation.

In this way, the company continues to earn money on the Russian market and contribute to the state budget of the aggressor country.

In 2021, the company paid about USD 5.2 million in tax revenues and other payments.

The company also provides jobs for about 2,500 Russians.

In March, already after announcing the reduction of its presence in the Russian market, P&G raised the prices of its own products in the Russian Federation by 40%, which almost offset the loss of income from the reduction of the brand portfolio.

According to the company's 2022 report, the company's organic sales in Russia increased due to this increase in product prices.

In addition, by remaining in Russia, the company contributes to mobilization, because according to the new Russian legislation, corporations working in the Russian Federation are forced to participate in mobilization activities, contribute to the recruitment of employees into the army and finance their military equipment.

As Ukrainian News Agency earlier reported, on November 21, the Parliamentary Assembly of the North Atlantic Treaty Organization (NATO) recognized Russia as a terrorist state.