A very interesting view on Multinationals.
“Stop met het ‘bashen’ van multinationals: Shell betaalt keurig belasting”
(20-12-2019)
By Martijn van den Winkelhof – fiscalist, bedrijfskundige en publicist 30 december 2019, 17:30
Having worked for Shell, I’m proud to read an article like this. It also makes me question some people who are bashing. Based on what? Facts or feelings or a big misunderstanding….
Especially the conclusion that economies are depending on the Multinationals operating in their countries and paying tax, that more than 40% of worldwide R&D is sponsored by these Multinationals and allow for 40% of the jobs in the Netherlands, and creating about 80% of the trade in the Netherlands makes me wonder why some politicians dare to comment in such a negative way on these Multinationals. Multinationals are a true contributor to the welfare and wellbeing of the people of the Netherlands.
“Royal Dutch Shell plc changes its name to Shell plc | Shell Global”
(21-1-2022)
Shell announced the Board’s decision to change its name to Shell plc on December 20, 2021. This change has now taken effect.
Euronext Amsterdam, the London Stock Exchange and the New York Stock Exchange have been informed of this name change and it is anticipated that Euronext Amsterdam and the London Stock Exchange will reflect the change of name on Tuesday January 25, 2022, while the New York Stock Exchange will follow on Monday January 31, 2022.
“Shell to exit Russia after Ukraine invasion”
(1-3-2022)
https://www.reuters.com/business/energy/shell-exit-russia-operations-after-ukraine-invasion-2022-02-28/
Shell said in a statement it will quit the flagship Sakhalin 2 LNG plant in which it holds a 27.5% stake, and which is 50% owned and operated by Russian gas giant Gazprom .
Shell said the decision to exit Russian joint ventures will lead to impairments. Shell had around $3 billion in non-current assets in these ventures in Russia at the end of 2021, it said.
“We are shocked by the loss of life in Ukraine, which we deplore, resulting from a senseless act of military aggression which threatens European security,” Shell Chief Executive Ben van Beurden said in a statement.