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Ukrainian confectionery king to sell his firm if elected president

April 02, 2014, 16:41 UTC+3 BERLIN
Businessman and Ukraine presidential poll hopeful Petro Poroshenko has pledged to sell his Roshen confectionery conglomerate if he wins the election
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Roshen confectionery factory (archive)

Roshen confectionery factory (archive)

© ITAR-TASS/Maxim Nikitin

BERLIN, April 02. /ITAR-TASS/. Businessman and Ukraine presidential poll hopeful Petro Poroshenko has pledged to sell his Roshen confectionery conglomerate if he wins the election.

“I am not a mogul. A mogul should never become president anyway,” Ukraine's minister of trade and economic development told the German daily Bild in an interview published on Wednesday.

A president would face temptation to use political power in business affairs, he said, adding “I will sell Roshen... if I am elected Ukraine’s president.”

Roshen Confectionery Corporation is Ukraine’s market leader and a world industry major. It unites factories in the Ukrainian cities of Kiev, Vinnytsia, Mariupol and Kremenchuk, the Klaipeda confectionery plant in Lithuania, Hungarian facility Bonbonetti Choco Kft, Lipetsk Confectionery Company's two Russian production sites and Ukraine's Bershadmoloko butter-milk plant.

The corporation produces around 200 types of confectionery, generating annual production of up to 450,000 tonnes.

 

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