SICPA – Recent Media CoverageThere’s an awful lot of, let’s call it, “unfriendly” media coverage these days for a company which is essentially in the “Let’s keep everyone honest” business. While some of this coverage may not be completely objective, maybe not even true, it can’t be very helpful in terms of obtaining new contracts.
This (Google translated) blurb from the below listed Ukraine article seems to be the common theme in the recent media coverage:
“Highly controversial was the experience of using SICPA in Albania, Malaysia, Morocco, Turkey, the Philippines, and the like. Media present data on the inefficiency and high cost of SICPA , and suspect the company in the financial promotion of officials in order to promote its own system ", - stated in the association officially.” Costa Rica ... Cigarette tracking bid controversy
https://www.diarioextra.com/Noticia/detalle/343104/salud-frena-compra-por-3,8-millones-con-racsa EU Cigarette tracking - The French affair – the people behind the quest for a lucrative EU contract
https://www.neweurope.eu/article/the-french-affair-the-people-behind-the-quest-for-a-lucrative-eu-contract/ Kenya ... SICPA’s objection to SGS’s fuel integrity contract award rebuffed by Kenya’s High Court
https://www.standardmedia.co.ke/business/article/2001255742/high-court-overrules-erc-on-sh270m-fuel-testing-tender Ukraine ... Alcohol and Tobacco Excise Tax Stamp Contract – SICPA not a shoe-in – High cost and controversies related to contracts in other countries
https://news.finance.ua/ru/news/-/411500/ne-po-evropejski-kak-kontrol-nad-elektronnymi-aktsiznymi-markami-mogut-otdat-kompanii-s-zapyatnannoj-reputatsiej Malta Files – Morocco ... Euro 5.5 Mil in hidden / questionable lobbyist commissions paid via tax havens
https://www.mediapart.fr/journal/france/020617/tabac-les-55-millions-de-paiements-occultes-dune-multinationale-suisse?onglet=full