British Mondi Group has been removed from the list of international sponsors of war after the completion of their plan to sell business in the Russian Federation. The British paper and packaging manufacturer has officially confirmed the closing of the deal. The relevant announcement is posted on the London Stock Exchange.
The company also sent a letter to the National Agency on Corruption Prevention (NACP), noting the fulfillment of the conditions that allow it to be removed from the list. In particular, the sale of the largest and last asset of the company in the Russian Federation - the pulp and paper mill Joint Stock Company Mondi Syktyvkar and a complete exit from the Russian market.
"We are grateful to the Mondi company for making the only correct decision - to stop sponsoring Russian aggression. It commands respect for the brand from the civilized world. We wish for the prosperity and development of Mondi's business and anyone else who chooses the values of freedom, democracy and social responsibility, and urge them to follow this example. I am sure that leaving the Russian market is something that corresponds to the long-term interests of any brand. But, unfortunately, not every business is able to understand this in time", - stressed the Head of the NACP, Oleksandr Novikov.
The National Agency is open to cooperation with international business and is ready to consult on the steps necessary to delist each individual company.
The NACP is the body responsible for the compliance system in the private sector. During compliance procedures, counterparties are subject to integrity checks, including socially responsible business conduct in accordance with OECD standards. The list of “International War Sponsors” on the “War and Sanctions” portal is a powerful reputational tool for achieving the integrity of supply chains in the international dimension, the exit of international business from Russia, thus reducing the financial and technological ability of the terrorist country to kill Ukrainians. One of the “leverages” of the platform is cooperation with the World-Check database, which is used by banks and insurance companies for risk assessment. That is why for global companies, the consequences of being on the list become worse than continuing to do business with the aggressor country.
Finally left Russia: the Mondi Group was excluded from the list of international sponsors of the war
Latest News
21.02.2025
10:30
Civil forfeiture: UAH 4.6 million and car confiscated from MIA official based on NACP materials
20.02.2025
18:15
GRECO report: Ukraine's progress in implementing anti-corruption recommendations for judges, prosecutors and parliamentarians is noted (report in Ukrainian)
16:44
Improvement of forestry legislation: NACP submits recommendations to the Verkhovna Rada of Ukraine to eliminate corruption risks
19.02.2025
16:00
NACP presents anti-corruption control mechanisms for Ukraine's reconstruction to international partners
15:00
More than 130 political parties failed to submit reports to the NACP for the fourth quarter of 2024
13:15
Corruption is afraid of your control: NACP has implemented a nationwide information campaign
17.02.2025
13:24
Civil forfeiture: almost UAH 3.3 million may be confiscated from a Ministry of Justice official based on NACP and SBI materials
14.02.2025
14:34
NACP develops recommendations to eliminate corruption risks in the forest sector
13.02.2025
18:30
NACP found violations worth more than UAH 284 million as a result of full audits of declarations in January
11.02.2025
14:32
Head of the State Treasury Service Department in Poltava Region was served a notice of suspicion based on NACP materials
07.02.2025
17:15
Ukraine is expected to move to a systematic and proactive anti-corruption policy - Victor Pavlushchyk at the forum on preparation for EU accession
14:15
The number of publications on social media about the uselessness of the fight against corruption and its inevitability has increased - media monitoring data for the 4th quarter of 2024
06.02.2025
13:15
“Look at the problem of corruption through the eyes of a soldier and you will understand how important it is to fight this problem,” - a participant of NACP veteran project
12:00
NACP summarized the results of 2024
05.02.2025
17:30
According to NACP materials, almost UAH 5.8 million of unjustified assets of Rivne region's village head may be confiscated to the state
12:00
Civil forfeiture: UAH 7.8 million may be confiscated from Kharkiv police officer based on NACP materials
03.02.2025
16:30
Support for whistleblowers in society has reached a historic level: study findings
15:53
Results of the NACP's work in 2024: anti-corruption policy
31.01.2025
16:30
Results of the NACP's work in 2024: failure to submit or untimely submission of declarations
30.01.2025
18:00
Businesses showed significant activity in reporting corruption last year: survey results
More News
