Recently, according to informed sources, two large Russian tobacco manufacturers, Husky and Brusko, are being investigated and will face substantial fines.
According to this, 2FIRSTS conducted multiple interviews and several interviewees confirmed the authenticity of this information.
According to the interviewee, Husky and Brusko are under investigation by the Federal Tax Service (FNS) of the Russian Federation due to tax evasion. Husky has already been fined 1 billion rubles (approximately 84.65 million yuan) while Brusko is still under investigation and the amount of the fine is yet to be determined.
It has been reported that the head of Husky company has left Russia.
2FIRSTS will continue to monitor this topic and provide further updates. Stay tuned for more information.
Further reading:
1. Market research by 2FIRSTS: Only accepting white-label products and forced transformation - how is the electronic cigarette market in Russia faring under strict regulatory measures? 2. Deadline approaching for "honest labeling" - Russia's disposable electronic cigarette market is busy clearing inventory.
Russian "Honest Label" operating company responds to proposal to ban additives: E-cigarettes still subject to mandatory labeling restrictions.
ELFBAR, NOQO, and other brands have registered some products with the "Honest Label" in Russia.
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