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€16 billion to kill Ukrainians: Multinationals are funding Russia’s war machine

€16 Billion to Kill Ukrainians: Multinationals Are Funding Russia’s War Machine For three years, Russian bombs have been raining down on Ukraine. Entire cities have been wiped out, thousands of civilians massacred, and yet some Western multinationals continue to fuel the Kremlin’s war effort. Out of sheer greed, they pour billions of euros in taxes and duties into Russia, directly funding the weapons that kill Ukrainian men and women every single day. This is a moral betrayal of unacceptable proportions.Billions Funneled into Putin’s Regime According to the latest figures from the Kyiv School of Economics (KSE), nearly 60% of Western companies that were operating in Russia at the start of the war are still doing business there today. Since 2022, they have generated nearly €500 billio...

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Multinationals still funding the war in Ukraine: B4Ukraine calls for withdrawal from the Russian market

A report by the B4Ukraine coalition, in collaboration with the Kyiv School of Economics and Squeezing Putin, reveals that nearly three years after the war in Ukraine began, 1,600 multinationals are still operating in Russia. These companies generated $196.9 billion in revenue in 2023 and paid $21.6 billion in taxes, effectively contributing to financing the war. Since 2022, these businesses have paid $41.6 billion into the Russian budget—nearly one-third of the estimated military budget for 2025.Companies from G7 and European Union member states are among the largest tax contributors, despite their financial support for Ukraine. The consumer goods sector (Mars, Nestlé, Procter & Gamble) and the food industry (PepsiCo, Mondelez) dominate, generating $587.5 billion in revenue.The...

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