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Article

4 Jan 2024

Author:
NAPC

Ukraine: Govt. designates Viciunai Group as intl. war sponsor over ongoing operations & recruitment in Russia

Still feeding the aggressor: NACP added Viciunai Group to the list of international war sponsors, 4 January 2024

After the beginning of Russia's full-scale invasion of Ukraine, representatives of Viciunai Group promised that the company would leave the Russian market; nevertheless, Vici continues to operate its facilities in Russia, looking for new employees and paying significant taxes to the aggressor's budget. This was the reason for the National Agency on Corruption Prevention (NACP) to add Viciunai Group to the list of international sponsors of war.

The company is a global manufacturer and supplier of various food products. In addition to being the largest surimi processor on the planet, the Viciunai Group is also one of the largest and most economically powerful seafood producers in Europe. The company is headquartered in Lithuania and has plants in Lithuania, Spain, Estonia, and Russia.

Back in March 2022, after Russia's full-scale invasion of Ukraine, the head of the Lithuanian group, Sarunas Matijosaitis, said that the company would leave the Russian market within 3–4 months.

Instead, it was revealed that Viciunai does not stop its work in Russia and remains one of the most favorite brands of Russian consumers...

Viciunai's subsidiary, BaltCo LLC, is the company's official representative in Russia and provides transportation services for fish cooking, fish processing, surimi, and seafood products. Its net profit in 2022 amounted to USD 2.5 million.

"As long as well-known brands such as Vici continue to be on the Russian market, despite all the aggressor's war crimes, the world is getting the wrong signal that Russia remains part of international economic processes. And the people of Russia see that the democratic world has not turned its back on them, and they are doing everything right. Many companies have already made the right choice in favor of the values of democracy and integrity by leaving the Russian market. However, Viciunai Group was not one of them and failed to go beyond its empty promises," said NACP Head Oleksandr Novikov.

Multiple statements about the termination of business and the sale of production in Russia have not affected the work of Viciunai Group in Russia. The company continues to sponsor the war against Ukraine by paying large amounts of taxes to the budget of Putin's war machine...

Part of the following timelines

Ukraine: Govt. adds 47 intl. companies to list of war sponsors due to their continued operations in Russia

Ukraine: Govt. adds 47 intl. companies to list of war sponsors due to their continued operations in Russia