#marsglobal

“This tax contribution [— $1.2 billion in profit taxes in 2023 —] makes the U.S. the largest contributor of foreign profit taxes to Russia, something a former top U.S. diplomat called ‘shameful.’” ~ @newsweek 🇺🇦💙💛🇺🇦

#Repost @progshopper via @b4ukraine with @use.repost_ . . . Enough is enough. @pepsico @mondelez_international @marsglobal: it is time to #exitRussia. Thank you to @newsweek for covering this issue. To find a fuller list of companies supporting Russia, visit https://progressiveshopper.com/ukraine/, and sign our petition asking PepsiCo to stop supporting the war (link in bio).

Make sure you also see the post about these latest additions to the list of "international sponsors of war" at @b4ukraine. 🇺🇦💙💛🇺🇦

#Repost @kyivindependent_official with @use.repost . . . Ukraine's National Corruption Prevention Agency added major food corporations PepsiCo and Mars to the "international sponsors of war" list on Sept. 1.

Despite pledging to reduce their businesses, suspend advertising activities and production in Russia, the companies continue to work in the country, "paying significant taxes to its state budget, thereby supporting the aggressor's economy," the Agency wrote.

PepsiCo is an American multinational producer of food, snacks, and beverages sold in over 200 countries. The company's brand portfolio includes Lay's Doritos, Cheetos, Gatorade, Pepsi-Cola, Mountain Dew, Quaker, SodaStream, and others. Lay's chips were reportedly found in Russian soldiers' food rations.

In terms of net profit, PepsiCo is the fourth largest company in the given industry in Russia, with 19 factories and around 20,000 employees.

Over the first year of the full-scale invasion of Ukraine, the Russian division of PepsiCo increased its net profit by 333% compared to 2021, reaching $525 million, and paid over $115 million to the state budget, according to the report.

PepsiCo has more than 500 vacancies in Russia advertised on its website. "By creating jobs, foreign companies free the Kremlin from the burden of unemployment benefits and related social problems," the Agency argued.

Photo: AFP via Getty Images

Meanwhile, Mars reportedly received $377 million in net profit from its Russian business in 2022, which was 59% more than the previous year. The company has over 100 jobs available in Russia.

MarsGlobal http://twitter.com/MarsGlobal/status/730864174318788608 https://t.co/Dm9PWjra8a May 13, 2016 at 05:56AM

Say hello to the Moy Wind Farm – our next step toward zero GHG emissions 🌀 #MarsSustyhttps://t.co/Dm9PWjra8a