The NACP added the world’s largest private alcohol company Bacardi to the list of international war sponsors
The National Agency on Corruption Prevention (NACP) included the Bermudian company Bacardi Limited in the list of international war sponsors. The company continues to do business in the Russian Federation and is actively looking for new employees there.
Bacardi Limited is the largest private international alcohol company in the world, its products are sold in more than 170 countries. The company’s famous brands include Baron Otard, D’USSÉ brandy; Bombay gin; Bacardi rum; Cazadores tequila; Gray Goose vodka, Eristoff; Dewar’s, William Lawson’s, Aberfeldy, Aultmore, Royal Brackla, Craigellachie, Angel’s Envy whiskey and other drinks (Martini, St-Germain, Bénédictine).
In total, Bacardi owns more than 200 trademarks, including the company’s eponymous rum, which is the best-selling rum brand in the world.
After the full-scale Russian invasion of Ukraine, Bacardi announced that it would stop exporting to Russia and stop investing in advertising, but this part later disappeared from the company’s official statement. Therefore, the company continued to supply its products to the Russian Federation for millions of dollars and to look for new employees by publishing job advertisements.
The exit of a number of leading international brand owners from the Russian alcohol market has reduced competition and created opportunities for those who remained. Taking advantage of the situation, the Russian division of the Bacardi Rus company imported goods worth $169 million during the year of the war in Ukraine. According to data on the website of the Federal Tax Service of the Russian Federation, the revenue of Bacardi Rus in 2022 increased by 8.5% to 32.6 billion rubles, and the net profit – to 4.7 billion: this is 206.5% more than 2021 (1.5 billion rubles), income tax was paid to the budget of the aggressor in the amount of more than $12 million.
Thus, Bacardi Limited continues to pay significant taxes to the budget of Russia, support its economy and sponsor aggression against Ukraine.