- The Bell believes that, under a bill on Wildberries’ recovery in Ukraine, the company could pay 100 billion rubles in fines, and in the event of a court decision — up to 200 billion rubles.
- Jerela says that the bill sets out a 20% cap on the amount of penalties that can be imposed on the company for violation of the terms of contracts.
- According to the material, Russian regulator Roskomnadzor says that, as Reuters reports, the estimated amount of fines for the company is based on The Bell’s forecast of Wildberries’ losses.
RBC Ukraine and Meduza have reported on the bill.
According to the bill, Ukrainian law requires Wildberries to pay fines of up to 100 billion rubles, and in the event of a court decision — up to 200 billion rubles. The Bell says that the bill is possible.
In particular, the bill sets out a 20% cap on the amount of penalties, which is calculated based on the company’s losses during the period in question. The bill also provides that the market regulator’s fine could be imposed on the company for violations of the terms of sales contracts.
The Bell says that the business model of Wildberries involves retaining revenue from sales, but the bill would require the company to pay fines based on the amount of revenue it retains. The Bell also says that Wildberries could face fines of 1.3 trillion rubles, and that the fine could reach 1.3 trillion rubles by the end of 2025.
According to the bill, the Russian regulator does not have a bank account. The bill also says that the company’s losses would be offset by the Russian Post, which is why the bill would require the company to pay fines. The bill also notes, citing Reuters, that the estimated amount of fines for the company is based on credit lines from VTB.
The bill also concerns the issue of the budget. According to The Bell, the deficit would be covered by Russia’s budget by 5.7 trillion rubles, which is 1.5 times more than the current plan, and by the end of the year the deficit would increase to 7–8 trillion rubles. The author of the material says that the bill would require the company Wildberries to cover the deficit.
Forbes, citing the materials, reports that the Ukrainian forces have seized 17% of Wildberries’ market share. It also says that the Ukrainian side has an interest in the Russian market.
In short, according to the bill, Wildberries will face losses in Kazakhstan. The materials also say that the company has been forced to take extreme measures: three employees were detained for allegedly killing a colleague at work.