Despite being threatened with death, CEO of Germany determined to stay in Russia

Song Minh |

The German chocolate giant's CEO was threatened with death but was determined to stay in Russia.

Andreas Ronken, managing director of German chocolate giant Ritter Sport, said he had received death threats for continuing to supply candy to Moscow, but he remained in Russia.

Several Western companies have severed ties with Russia after Moscow launched its military campaign in Ukraine in February 2022. The companies that stayed were pressured by Ukrainian politicians and activists, urging them to stop doing business and in some countries, in some cases, threatening to boycott.

In an interview with German news magazine Focus on May 30, Andreas Ronken said that his life was in danger, but refused to provide further details.

Our decision to continue producing and selling chocolate in Russia is a correct one and I will not change the decision, he told Focus magazine.

Russia is our second largest market. If we leave, we will have to fire 200 employees at the Waldenbuch facility, he explained, referring to the plant in the German state of Baden-Wuerttemberg.

At the same time, Ritter Sport has donated nearly 1 million euros ($1.08 million) from the money earned in Russia in 2023 to support Ukraine.

We certainly cant stand outside of everything politically anymore, Ronken told Focus.

Earlier this year, the Ukrainian activist group Vitsche called on two German supermarket chains to boycott Milka chocolate because the company continues to do business in Russia. Parent company Mondelez - a Swiss brand owner - was blacklisted by Ukraine last year, in an effort to pressure the US food giant to cut off relations with Moscow.

Despite international pressure to leave, more than half of the Western companies that initially announced plans to eventually withdraw have remained in Russia, the Financial Times reported. Russia's strong economic growth is seen as a factor that has prompted Western companies to decide to stick with it.

According to the national statistics agency Rosstat, Russia's GDP increased by 5.4% in the first quarter of 2024. Meanwhile, the International Monetary Fund forecasts that the Russian economy will grow by 3.2% in 2024, exceeding the expected growth rate of the US (2.7%), UK (0.5%), Germany (0.2%) and France (0.7%).

Real wages in Russia also rose nearly 8% last year - the biggest increase in five years, Rosstat said.

Speaking at a government meeting this month, Russian President Vladimir Putin said that international sanctions have failed to deter the Russian economy and have effectively achieved results contrary to what the West expects.

Song Minh
RELATED NEWS

Sweet fruit for Western companies clinging to Russia

|

The strong performance of the Russian economy makes the country more attractive to Western companies.

The disagreement between Gazprom Russia and the West

|

Russia's Gazprom and Western oil and gas companies have continuously sued each other in court.

Russia builds first nuclear power plant in Central Asia

|

Russia will build a nuclear power plant in Uzbekistan, the first project in Central Asia since the Soviet era.

Hanoi Department of Construction proposes to allow pickup trucks to circulate like cars

|

Hanoi proposes to allow pickup trucks to circulate like cars to remove obstacles and reduce pressure on businesses and people.

Linking emulation of good and creative labor with improving labor productivity

|

Ho Chi Minh City - Chairman of the Vietnam General Confederation of Labor Nguyen Anh Tuan had a survey at the Saigon Ward Trade Union on the afternoon of April 1.

3 mothers and children in the suicide note case in Hung Yen have been safely brought back

|

Hung Yen - Regarding the "suicide" letter that caused a stir, the police safely brought the 3 mothers and children home and denied the rumors of jumping off the bridge.

The proposed funding source for implementing the 8% base salary increase from July 1

|

The Ministry of Home Affairs proposed to increase the base salary by 8% from July 1 and at the same time proposed many options to allocate appropriate funding sources for implementation.

Gold prices rise, people flock to sell to take profits

|

On April 1st, gold prices rose, gold stores became bustling in both selling and buying directions. Among them, the number of people selling suddenly increased.

Sweet fruit for Western companies clinging to Russia

Ngọc Vân |

The strong performance of the Russian economy makes the country more attractive to Western companies.

The disagreement between Gazprom Russia and the West

Ngọc Vân |

Russia's Gazprom and Western oil and gas companies have continuously sued each other in court.

Russia builds first nuclear power plant in Central Asia

Khánh Minh |

Russia will build a nuclear power plant in Uzbekistan, the first project in Central Asia since the Soviet era.