Coca-Cola HBC AG also known as Coca-Cola Hellenic Bottling Company or just Coca-Cola Hellenic is the world's third-largest Coca-Cola anchor bottler in terms of volume with sales of more than 2 billion unit cases. Coca-Cola HBC AG is a Coca-Cola system company producing beverages in Italy, Nigeria and Central and Eastern Europe.

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Starts making 'Dobry Cola' in Russia

The Company Statement
July 18, 2023

As of 8th of March stopped placing orders for concentrate in Russia and ceased investments in the market, not clear whether they leave or not. Stopped all production and sales of brands of The Coca-Cola Company in Russia, renamed company to Multon Partners, will focus on the production and sale of existing local brands; intend to have a much smaller operation in Russia. The Swiss-Greek Coca-Cola HBC, despite the promise to support the implementation of the decision of the American Coca-Cola Company and statements in support of Ukraine, is leaving Russia and not gathering. But she lost the opportunity to bottle and sell drinks under the Coca-Cola brand - at least legally. In August 2022, Coca-Cola HBC announced that it had sold the last old stocks of original Coca-Cola and would now develop its Russian business "on a much smaller scale" under the new name - "Multon Partners" (that was the name of the Russian juice company, which Coca- Cola HBC bought in 2005). "Multon Partners" will focus on the production and sale of local brands "Dobry", Rich and "My Family", it was said in the release - and it was emphasized that the raw materials will be exclusively local, that is, The Coca-Cola Company will not supply concentrates for beverages.

September 14, 2023Never Can Say Goodbye. Despite Corporate Boycotts, Western Luxury Brands Are Still for Sale in Russia
July 18, 2023THE BELL WEEKLY: How Coca-Cola quit Russia, but stayed on the country's shelves
May 03, 2023Coca-Cola HBC’s revenue fizzes almost 25 per cent – but Russia exit still hurts a year on
April 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 26, 2022Coca-Cola bottler starts making 'Dobry Cola' in Russia
August 05, 2022An update on our Russian operations
August 05, 2022An update on our Russian operations
June 16, 2022Coke bottler Coca-Cola HBC depleting stock in Russia
May 12, 2022First Quarter 2022 Trading Update
April 09, 2022Ukraine and Russia update
Where We Operate | Coca-Cola HBC (In Russia, we operate a smaller business, called Multon, focused on local brands. This business is operationally and financially self-sufficient)
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