Candy Factory owned by president Poroshenko won the case against Russia
Russian Lipetsk court sided “Roshen” factory in a dispute with the Russian Federal Tax Service
The Russian court overturned the demand of Russian Interregional Tax Inspectorate to pay $ 613 taxes value-added-tax refunds.
In April 2015 Russian officials say the raid they have conducted on “Roshen” chocolate factory owned by Ukrainian President Petro Poroshenko was seeking evidence for a tax-fraud case, said rbc.ru.
July 29, 2013 Russian Service for Supervision of Consumer Rights Protection and Human Well-Being banned the import of Ukrainian sweets because of non-compliance in a quality.
In 2014, Lipetsk factory to stop working for several times.
“Roshen”, which had about $1 billion in revenues in 2014 according to the website Candy Industry, bought the Lipetsk factory in 2001. The unit makes caramel, jelly and other products which account for about 7 percent of Russian candy market, the company estimates.
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