The National Agency on Corruption Prevention (NACP) listed the Chinese car company Zhejiang Geely Holding Group Co., Ltd, known as Geely, on the list of international sponsors of the war. Geely continues to pay taxes to the Russian budget, actively support its economy and, accordingly, sponsor aggression against Ukraine at a time when most car manufacturers from Europe, Japan and Korea stopped selling on the Russian market after the invasion of Ukraine.
Geely is privately owned by Chinese billionaire entrepreneur Li Shufu and owns several brands including Geely Auto, Lynk & Co, Zeekr, Volvo Cars, Polestar, Lotus, London Electric Vehicle Company, Farizon Auto, CAOCAO Mobility.
In the Fortune Global 500 list of the world's largest companies for 2022, it took 229th place. Daniel Lee, the executive director of the Geely holding company, said that he did not want to tell his companies to leave the Russian market. "I absolutely don't understand why we should be forcing each of our car brands to punish the Russian customer",- he said, speaking at the FT's Future of the Car Summit. He personally supported the decision of the Geely car brand to increase car sales in the Russian Federation after global competitors left the market following Russia's invasion of Ukraine.
So, sales of cars under the Geely brand in Russia in the first three months of 2023 more than doubled compared to last year, from 5,543 units to 12,673 units. And the revenue of Geely Auto Group for 2022 amounted to more than 20 billion dollars. USA.
The distributor of the Geely brand in Russia is Geely-Motors LLC, whose sales for 2022 grew by 82% to 800 million dollars. USA, net profit grew by 5105% to $201 million, taxes to the budget of Russia were paid in the amount of more than $51.4 million. USA.
The company continues to present and sell new models of cars of its brand in the Russian Federation. As of May 2023, the network of official Geely dealers is represented in 89 Russian cities and has 157 dealer centers.
There were no attempts by the company's management to condemn Russia's war against Ukraine.
The NACP has added the Chinese car manufacturer Geely to the list of international sponsors of the war
23.06.2023

Latest News
20.06.2025
15:40
Placement of electronic communications structures and logging on particularly valuable land: NACP recommendations prevented corruption abuses
19.06.2025
14:30
Municipal partnerships - a driver for transparent reconstruction and European integration – Deputy Head of the National Agency on Corruption Prevention
18.06.2025
18:15
Declared cash can be verified through an investigation, a notice of suspicion or a court verdict based on NACP materials
14:20
The Ministry of Education and Science of Ukraine has approved methodological recommendations for building integrity in higher education institutions
17.06.2025
15:15
Deputy Head of NACP at Brussels Forum debunked disinformation narratives about corruption in Ukraine
16.06.2025
13:55
The establishment of the lobbying institution: legislative changes will simplify procedures for businesses and delay the application of sanctions
13.06.2025
17:30
Based on NACP recommendations the Ministry of Economy has eliminated corruption risks in the regulation of business grant provision
12.06.2025
18:30
Full audits of declarations in May: NACP found violations worth nearly UAH 518 million
17:45
Sectoral analysis of corruption risks as a basis for future reforms: results of the meeting of the Steering Committee of the Swiss-Ukrainian project ‘Supporting Ukraine in the fight against corruption and asset recovery’
10:30
Half of the respondents rated their interaction with the Register of Declarations as the highest score — research
10.06.2025
16:15
Security and defence authorities, NACP and the NATO Integrity Building Programme agreed on further implementation of Alliance recommendations
14:30
21 apartments, parking spaces and cars: former law enforcement officer - lawyer suspected of corruption based on NACP materials
13:00
Digitalisation, participation and clear laws: Deputy Head of the NACP on anti-corruption safeguards in reconstruction
09.06.2025
14:40
UAH 12 million of illegal assets: former official of the Logistics Command of the Armed Forces of Ukraine suspected of corruption based on NACP materials
14:06
Over UAH 8 million may be confiscated from Chernihiv tax official based on NACP and SBI materials
12:30
New anti-corruption safeguards in land relations, taxation and academic integrity: implementation of state anti-corruption policy in the first quarter
06.06.2025
15:38
The number of court decisions in favour of whistleblowers increased by 56% - NACP analysis
15:15
Lobbying in Ukraine: development of transparency register ongoing
14:45
Civil forfeiture: over UAH 5.6 million may be confiscated from the former head of the Rivne Regional Council based on NACP and the State Bureau of Investigation materials
12:30
The Ministry of Education and Science of Ukraine has approved a guide for heads of schools entitled ‘Educational Navigator’