Unilever Busted: $331 Million to Russia & Doubled Profits | #shorts #news

Latest Information | "Unilever Busted: $331 Million to Russia & Doubled Profits" | #shorts #news

The Ukraine War and Sanctions project recently included Unilever on its "International Sponsors of War" list after it was reported that the American-based company paid Russia $331 million in taxes last year. Follow the Money also reported that Unilever had doubled its Russian profits and increased advertising expenses year-over-year. Unilever had previously stated that exiting its operations in Russia would not be an easy process, as the Russian government would take over. This news has been met with mixed reactions from Americans, many of whom are concerned about the implications of a foreign government's control of American business practices.

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#UkraineWar #SanctionsProject #Unilever #InternationalSponsorsOfWar #FollowTheMoney #Russia #AmericanBusiness #MixedReactions #ForeignGovernment #ControlOfAmericanBusiness #newstoday

- News Source: https://www.republicworld.com/amp/world-news/russia-ukraine-crisis/cornetto-maker-unilever-upholds-its-decision-to-stay-in-russia-articleshow.html?utm_campaign=fullarticle&utm_medium=referral&utm_source=genznews
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