Roshen

Roshen Confectionery Corporation, owned by Ukrainian President Petro Poroshenko and transferred to a blind trust in January 2016, paid UAH 1.21 billion (US$45.4 million) in taxes in January-October 2017, according to the corporation's press service.

A spokesman for Ukrainian President Petro Poroshenko's Administration says that there will be no reaction to an investigation by journalists into the creation of offshore companies to transfer Roshen Corporation to a blind trust's management, according to Radio Free Europe / Radio Liberty's Ukrainian language service.

As follows from the leaked documents processed in an international investigative journalism effort, contributed from the Ukrainian side by Slidstvo.Info, as the partner of the international journalist community, the legal team from the Ukrainian company Avellum, which represents the interests of President Petro Poroshenko, appealed to internationally-acclaimed Appleby, based on the Isle of Man, requesting assistance in creating an offshore company.

Member of Parliament Semen Semenchenko from the Samopomich parliamentary faction has announced that members of the Movement of Liberation of Ukraine from Oligarchs have decided to block the businesses that belong to Ukrainian President Petro Poroshenko in Ukraine.

Roshen Confectionery Corporation has started the process of layoffs of the employees at its factory in the Russian town of Lipetsk, according to Komsomolskaya Pravda newspaper.

Shareholders in Mariupol Roshen confectionery, part of Ukraine's largest confectionery producer Roshen Corporation, decided at a general meeting on March 20 to sell the Mariupol-based assets.