You're reading: UNIAN: Roshen sees its Lipetsk confectionery as ‘Putin’s hostage’

Ukraine’s confectionery corporation Roshen, earlier owned by Ukrainian President Petro Poroshenko, says its assets in Lipetsk, Russia, are held “hostage” by Russian President Vladimir Putin, who is behind all raids and seizure of Lipetsk confectionery’s facilities, according to the corporation’s press service.

“Mr Putin’s speech at a Valdai Club meeting only confirms what we’ve already known since 2014: he is behind all the raids, criminal cases and seizure of the property, which is an obstacle to our selling the factory. It’s him who 1,100 dismissed employees, citizens of Russia, who we had to lay off because of the decline in production, should call. He keeps our Lipetsk assets as a hostage in his territory, and we are now withdrawing all dividends from there and injecting them in charitable projects and our production in Ukraine. And every single kopeck will be invested. This is the best what we can do about it,” the press service quoted Roshen President Viacheslav Moskalevsky saying.

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