This decision was made due to the position of the company’s management to continue operations in Russia, the report says.
“In addition to the retail business, the interests of the company’s management are closely related to the strategic sectors of the Russian economy: the oil and gas and banking sectors. And this directly affects the support of the Russian military machine,” the NAPC said.
Metro Cash & Carry key shareholder Daniel Kretinski controls EP Infrastructure (EPIF), which owns 49% of Eustream, the company that operates the gas transmission system that transports Russian gas to Central and Eastern Europe, the agency said, citing investigative journalism.
“While the entire civilized world refuses the energy resources of the terrorist state, the leadership of Metro Cash & Carry demonstrates that cooperation with the Russian Federation will not only not be terminated, but will only intensify in the future,” the NAPC said.
The agency added that Metro Cash & Carry accepts Mir cards for payment. In addition, the company is opening a network of Fasol stores in Russian cities.
“The goal of the NAPC is to make it so that any companies are ashamed to cooperate with the terrorist state Russia and they close their business in Russia,” the agency added.
Metro Cash & Carry was founded in Germany in 1964. How reported on its website, the company has stores in 22 countries. In Russia, as said on the website of the Russian branch of Metro, there are 93 stores. After the start of a full-scale war between Russia and Ukraine, many brands and companies left the Russian Federation, but Metro decided to stay on. In a company statement that cites Finanzen.net it was said that she supports forces “that are committed to a peaceful resolution of the conflict” and feels responsible for more than 10,000 employees in Russia who “do not bear personal responsibility for the aggression against Ukraine.”
Metro also operates in Ukraine. How said Online Ukrainian branch of Metro, in Ukraine there are 26 chain stores.
The NAPC has already included Procter & Gamble, OpenWay Group, Danieli, TMS Tankers Ltd., Minerva Marine Inc., Thenamaris Ships Management, Delta Tankers Ltd., Dynacom Tankers Management Ltd., eKassir, Liberian International Ship & Corporate in the list of international war sponsors. Registry, Bonduelle, Auchan Holding and others.