Reducing Activities: company scaling back some business operations while continuing others

Stay Scaling Back

Coca-Cola products are solded in over 200 countries worldwide, with consumers drinking more than 1.8 billion company beverage servings each day.

Reducing Activities: company scaling back some business operations while continuing others

Stay Scaling Back

Global 500, is an annual ranking of the top 500 corporations worldwide

Global 500

Top 100 largest companies in Russia by revenue

Top 100
Revenue(RF), mln.USD
551
Assets(RF), mln.USD
437
Capital(RF), mln.USD
375
Glob.Revenue, mln.USD
45754
Staff(RF), 2021
15234
Taxes(RF), mln.USD
331

The Coca-Cola Company starts making 'Dobry Cola' 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.

The Company Statement
June 18, 2024

The Coca-Cola Company is suspending its business in Russia but starts making in Russia 'Dobry Cola' and a bunch of juices with brands like Rich and Moya Semya. The Coca-Cola Company's statement meant that direct official sales of Coca-Cola, Fanta, Sprite and other brands in Russia are no longer possible, even though the American company itself has never engaged in them. Ten Russian Coca-Cola plants were owned, bottled and sold by a separate independent company — Coca-Cola Hellenic Bottling Company (HBC), registered in Switzerland. The American Coca-Cola Company owns 21.3% of its shares. 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. Back in March 2022, almost immediately after Russia launched its full-scale invasion of Ukraine, Coca-Cola announced that it was suspending its business in the country. Its chief competitor, PepsiCo, issued a similar statement. However, leaving the Russian market behind proved to be easier said than done. Slightly decreased revenue in 2023 vs 2022.

June 14, 2024Coca-Cola, which left the Russian market after the outbreak of war, is again registering its trademarks in the Russian Federation
June 14, 2024Coca-Cola decided to keep its brands in Russia
April 05, 2024Coca-Cola HBC's Russian division quadruples profits on “Dobry Cola” sales after corporation vows to leave the country
July 18, 2023THE BELL WEEKLY: How Coca-Cola quit Russia, but stayed on the country's shelves
July 12, 2023Coca-Cola left Russia, but did not disappear from stores. Who now earns on its sale in the country?
July 09, 2023CocaCola is still linked to Russia - it’s withdrawal #feint and the murky world of an #UncleanBreak, shell companies and avoiding bad publicity, in other words, duping the investors, stakeholders and the consumers.
May 09, 2023Letter sent by B4Ukraine to the company and the response provided
March 21, 2023Did Coca-Cola Ever Really Leave Russia?
March 19, 2023Coca-Cola continues To Remain Top Seller in Russia Despite Withdrawal: Report
January 22, 2023Traces of the new Russian cola lead to Switzerland
August 05, 2022An update on our Russian operations
June 16, 2022Coke bottler Coca-Cola HBC depleting stock in Russia
March 08, 2022The Coca-Cola Company Suspends its Business in Russia
March 08, 2022The Coca-Cola Company Suspends its Business in Russia
All company names used on this web page are for identification purposes only. All trademarks and registered trademarks are the property of their respective owners.
Company statements and statistical data are collected from open sources and official registers according to the methodology of the KSE Institute.
Scanner