| Make foodmate.com your Homepage | Wap | Archiver
Advanced Top
Search Promotion
Search Promotion
Post New Products
Post New Products
Business Center
Business Center
 
Current Position:Home » News » Processed Foods » Confectionary » Topic

Russia upholds assets freeze on Ukranian candy maker

Zoom in font  Zoom out font Published: 2014-05-20  Origin: www.esmmagazine.com  Views: 23
Core Tip: A Moscow court has upheld a decision to freeze the Russian accounts of chocolate maker Roshen, owned by Ukrainian presidential front runner Petro Poroshenko, the Moscow Times reports .
A Moscow court Roshenhas upheld a decision to freeze the Russian accounts of chocolate maker Roshen, owned by Ukrainian presidential front runner Petro Poroshenko, the Moscow Times reports .

In March, Russian authorities seized factories belonging to Ukraine's leading chocolate company Roshen, which are located in Russia.

The Ukranian confectioner said at the time that the move was linked to political tensions in the region and a trademark dispute with United Confectioners, a part state-owned Russian company.

By rejecting Roshen's appeal, the court cuts the company off from the more than $72 million held in its Russian accounts.

The Moscow Times says that although Poroshenko served as trade minister under ousted pro-Russian President Viktor Yanukovych, he has supported Kiev's efforts to turn toward the European Union in the teeth of Russian resistance.

 
 
[ News search ]  [ ]  [ Notify friends ]  [ Print ]  [ Close ]

 
 
0 in all [view all]  Related Comments

 
Hot Graphics
Hot News
Hot Topics
 
 
Powered by Global FoodMate
Message Center(0)