Tag - Russia

Tobacco giants help fund Putin’s war machine with £7bn in taxes

Tobacco companies have paid almost £7bn in taxes to the Kremlin since the invasion of Ukraine, despite vowing to pull out of Russia. Analysis by The Telegraph of Russian Treasury figures shows that the Kremlin has received 480bn roubles (£6.8bn) from the tobacco industry in the eight months since Putin launched his war. London-based British American...

British American Tobacco to continue selling cigarettes in Russia

London-based Rothmans maker says it will abide by sanctions instead of halting operations in country. British American Tobacco will continue selling cigarettes in Russia, defying a gathering movement among global brands to halt operations there in response to the invasion of Ukraine. The London-based cigarette manufacturer, whose brands include Lucky Strike and Rothmans, said it would “continue to...

Japan Tobacco Company to Continue Producing Cigarettes in Russia

Japan’s state-backed tobacco company announced on Thursday that it would suspend planned investments in Russia, but failed to promise to shut down factories despite criticism that continuing operations would pump cash into a government that has come under heavy sanctions for its invasion of Ukraine. Japan Tobacco International (JTI), which is behind brands like Winston...

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