Roshen has lost the trademark in Russia
According to Rospatent, the contested mark had been registered in the company Roshen from 19 November 2010 to 12 August 2019
A Russian court for intellectual property rights prematurely terminated the legal protection of a trademark Kremona subsidiaries Confectionery company Roshen due to non-use.
This was reported in court, the Agency reports Interfax-Ukraine.
The lawsuit was filed by suburban of the individual entrepreneur (IP) Oleg Sochacki.
The court decided to terminate the legal trademark protection “Kremona” in respect of all goods 30-th class of ICGS (drinks based on coffee, cocoa or chocolate; cereal products, ready to eat).
According to Rospatent, the contested mark had been registered in the company Roshen from 19 November 2010 to 12 August 2019.
Recall President of Ukraine Petro Poroshenko is the ultimate beneficial owner of the Roshen group. After assuming the position of head of state he hired for the sale of its assets of the investment company Rothschild and ICU. However, “due to a lack of buyers” in January 2016, the President said on signing the agreement on the transfer of the confectionery Corporation in trust.
In April 2016 ICU investment company announced the completion of the transmission in the “blind” trust company Rothschild Trust shares of Poroshenko Roshen Corporation. He transferred his 85% stake in the Corporation in an independent blind trust (blind trust) of the company Rothschild Trust. The Bank Manager of the trust also has a 4-year-old the attorney for negotiating the sale of assets. The President of the Corporation Roshen Vyacheslav Moskalevsky owns 13% of the investment Fund Nondeterminist, four top managers – 0.5%.
Later Poroshenko said that does not affect your assets in Roshen.