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G. VINCENTI & SONS S.A.L. says did not increase products prices

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12-11-2019 | 05:11

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G. VINCENTI & SONS S.A.L. says did not increase products prices

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The G. VINCENTI & SONS S.A.L. issued a statement it which it reassured “all its customers as well as the entire Lebanese population that despite the very difficult situation,” and despite:

- The increase in customs duties

- The shortage in U.S. Dollars in the market

- The banks increased interest rates

- The banks’ decision to stop all commercial banking facilities to companies

The company confirmed its “strongest solidarity with the Lebanese consumers in these very tough times and conditions emanating from a deep unease and pain.”

“We would like to reassert that G. VINCENTI & SONS S.A.L. has not changed nor increased any prices related to its brands or products in the Lebanese market in spite of heavy losses that occurred and still are occurring,” the statement stressed.

“However, this decision comes from a true belief of a contribution to the just cause of the Lebanese People,” it added.

The company concluded its statement by wishing the Lebanese people “peace, unity and more prosperous times.”

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