March 1, 2024 1:00 pm

Subway sponsoring war – Ukraine — RT Business News

Facebook
Twitter
LinkedIn
Pinterest
WhatsApp
Telegram

URGENT: JUST 11 DAYS REMAIN TO HELP SAVE INDEPENDENT MEDIA & ANR, TO ENSURE WE ARE FULLY FUNDED FOR NEXT MONTH,SO LET'S CUT THE BS & GET TO THE POINT - WE WILL BE FORCED LAY OFF STAFF & REDUCE OPERATIONS UNLESS WE ARE FULLY FUNDED WITHIN THE NEXT 2 WEEKS - Sadly, less than 0.5% of readers currently donate or subscribe to us But YOU can easily change that. Imagine the impact we'd make if 3 in 10 readers supported us today. To start with we’d remove this annoying banner as we could fight for a full year...

The US fast-food giant has provoked Kiev’s ire for continuing operations in Russia

 

The US-based multinational fast-food franchise Subway has been added to Kiev’s list of “international sponsors of war” for continuing to operate and pay taxes in Russia, Ukraine’s National Corruption Prevention Agency (NCPA) announced on Wednesday.   

The Ukrainian agency justified the move by noting that Subway’s Russia division, which is the company’s third largest in Europe after the UK and Germany, continues to operate in the country, paying hundreds of thousands of dollars in taxes to the Russian budget.  

“Subway also actively advertises its activities through sanctioned Russian social networks and delivers food through Yandex services, which cooperate with the state and law enforcement agencies of the aggressor country,” the statement said.  

The US company has been operating in Russia for over 20 years, having created about 6,000 jobs and running 550 restaurants in 122 cities.   

Since the start of the Ukraine conflict, the company has not reported any reduction in its operations in Russia, the NCPA said, blaming Subway for providing jobs to Russians and supporting the Russian economy.  

“Subway has said that all restaurants in the country are independently owned and operated by local and master franchisees, so the restaurants remain open in Russia. This statement regarding the inability to influence its own franchisees is untrue and actually misleading,” NCPA declared.  

According to the Ukrainian agency, in May 2022 after the fast-food chain faced problems with the transfer of payments from Russia to its American franchisor, Subway found legal mechanisms that allowed banks to resume processing payments, and the company began to receive revenue from Russian franchisees again.  

Subway has been branded an enemy of Ukraine along with Raiffeisen Bank International, Auchan, Metro, Procter & Gamble, Bonduelle, Leroy Merlin, Xiaomi, and numerous other international companies.

For more stories on economy & finance visit RT’s business section

You can share this story on social media:

Source link

Opinion pieces don’t necessarily reflect the position of our news site but of our Opinion writers.

Original Source: Subway sponsoring war – Ukraine — RT Business News

Support the ANR from as little as $8 – it only takes a minute. If you can, please consider supporting us with a regular amount each month. Thank you.

Let’s not lose touch…Your Government and Big Tech are actively trying to censor the information reported by The ANR to serve their own needs. Subscribe now to make sure you receive the latest uncensored news in your inbox…

Australian National Review is Australia’s first real free and independent press, one with no editorial control by the elite, but a publication that can generate critical thinkers and critical debate and hold those spreading mistruths and deliberate propaganda in mainstream media to account.

News with a difference that will be educational, compelling and create a platform for political and social change in this country and address the real issues facing this country and the world.

Discover more from ANR

Subscribe now to keep reading and get access to the full archive.

Watch Full Documentary

URGENT: JUST 3 DAYS REMAIN TO HELP SAVE INDEPENDENT MEDIA & ANR, SO LET'S CUT THE BS & GET TO THE POINT - WE WILL BE FORCED TO LAY OFF STAFF & REDUCE OPERATIONS UNLESS WE ARE FULLY FUNDED WITHIN THE NEXT 2 WEEKS

Sadly, less than 0.5% of readers currently donate or subscribe to us But YOU can easily change that. Imagine the impact we'd make if 3 in 10 readers supported us today. To start with we’d remove this annoying banner as we could fight for a full year...

Get access to TruthMed- how to save your family and friends that have been vaxx with vaccine detox, & how the Unvaxxed can prevent spike protein infection from the jabbed.

Free with ANR Subscription from $8