Coca-Cola quit Russia, but you can still find it on the country's ...
Jul 18, 2023 · Coca-Cola announced it was leaving the Russian market back in March 2022 as part of the global response to the invasion of Ukraine. Coca-Cola HBC, the Greek-owned company that bottled and sold Coke in Russia, switched to a new brand, Dobry Cola.
THE BELL WEEKLY: How Coca-Cola quit Russia, but stayed on the …
Jul 18, 2023 · Two weeks after the invasion of Ukraine, the U.S. Coca-Cola Company announced that it was ceasing operations in Russia, abandoning its investments and halting its promotional activities. That meant that officially, Coca-Cola, Sprite, …
#LeaveRussia: Coca-Cola is Reducing its Business Operations in Russia
The Coca-Cola Company, which ceased operations in Russia after the outbreak of war, filed three applications for registration of trademarks in the Russian Federation - Coca-Cola, Sprite and Fanta. Company explains it as a protection of the brand from use by third parties.
An Update on our Russian operations | Coca-Cola HBC
Aug 5, 2022 · As we indicated in our Q1 trading update, we are making significant changes to our Russian operations in response to the ongoing geopolitical crisis. In close alignment with The Coca-Cola Company, we have stopped all production and sales of brands of The Coca-Cola Company in Russia.
Coca‑Cola Reports Fourth Quarter and Full-Year 2023 Results
ATLANTA, Feb. 13, 2024 – The Coca‑Cola Company today reported fourth quarter and full-year 2023 results. “During the year, our people and partners rose to meet new challenges, allowing us to excel globally and deliver in a dynamic world,” said James Quincey, Chairman and CEO of The Coca‑Cola Company.
Focus: Top brands pull out of Russia, but their goods remain easy …
Feb 22, 2023 · Trucks carrying Coca Cola roll across the border into Russia, tourists return from abroad laden with Zara's latest designs, and local online marketplaces snap up IKEA's furniture stocks.
Coca-Cola HBC's Russian division quadruples profits on “Dobry Cola …
Apr 5, 2024 · The profits of Multon Partners LLC, the Russian division of Coca-Cola HBC Holdings B.V., totaled 10.25 billion roubles (a little over $111 million) in 2023 — more than four times more than in 2022 (2.3 billion roubles), according to the company's financial statements.
bne IntelliNews - Profits of Coca Cola’s Russian division …
Multon Partners LLC, the Russian affiliate of the global beverage giant Coca-Cola HBC Holdings BV, saw its profits quadruple in 2023 to RUB10.25bn ($111mn), up from RUB2.3bn posted in 2022.
Did Coca-Cola Ever Really Leave Russia? - the deep dive
Mar 21, 2023 · When Russia invaded Ukraine over a year ago, The Coca-Cola Company (NYSE: KO) was among the first of many multinational companies to announce that they would halt operations in Russia to show their support for Ukraine.
Global giant producing Coca-Cola retains leading role on Russia …
Apr 17, 2023 · In the first two months of 2023, Coca-Cola sales in the cola market reached 14.1 per cent in Russia, compared to 47.8 per cent in January and February 2022. Dobry Cola, a new product produced by Multon Partners, the Russian subdivision of Coca-Cola, achieved a market share of 33.8 per cent.