12:42 15.05.2014

Poroshenko: new ruling of Russian court on arrest of Roshen's accounts is sign that I do everything right

2 min read

A candidate to the post of Ukrainian president, MP Petro Poroshenko has said that a ruling of Moscow City Court on the declaring legal the arrest of the Russia accounts of the Roshen confectionary factory, which he owns, is evidence that his political position is right.

"This is the confirmation of the fact that the policy I stick to is pro-Ukrainian," he said at a press conference on Wednesday, May 15, in Kharkiv.

He said that thus, Russian courts confirm the decisions they made in July 2013 when they banned Roshen from supplying products to Russia, and today Russian leaders continue this policy.

"I believe that this is the sign that I do everything right," he added.

He also said that the economic sanctions should not be of a political nature, as they are now.

Poroshenko said that he is doing everything to regulate the decisions in trade disputes in the World Trade organization (WTO), although he said that unfortunately Russia disregards the WTO.

On May 14, Moscow City Court declared legal the arrest of Russia accounts of Roshen confectionary factory worth almost 3 billion rubles. Thus, the counterclaim against the ruling of Tver court was turned down.

In late March Tverskoi Court of Moscow as a part of a civil claim initiated by Uniconf holding against Russian enterprises of Roshen Corporation, arrested the accounts of the company in Russia.

"Funds on the said accounts were meant only to carry out economic operations on the territory of Russia and to invest in the construction of a new factory. The sum arrested amounts to 2.8 billion rubles," Roshen said on march 21.

Roshen Corporation includes confectionery factories in Kyiv, Kremenchuk and Vinnytsia, the dairy producer Bershadmoloko. It also runs confectionary facilities in Klaipeda (Lithuania), Lipetsk (Russia), and Bonbonetti Choco (Hungary). In February 2014, the corporation shut down its factory in Mariupol, explaining the closure of the factory by the pressure of tax agencies and a ban on supply of Roshen products made in Ukraine to Russia.

The corporation manufactures up to 200 types of confectionery products, including chocolate and jelly sweets, caramel, chocolate, biscuits, waffles, and cakes. It produces 450,000 tonnes of products a year.

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