PepsiCo, Inc. is an American multinational food, snack, and beverage corporation.

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Global 500

Top 100 largest companies in Russia by revenue

Top 100
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As of March 2010, the company owned six soft drink bottling plants in Russia, the Frito Lay plant, which produces 40,000 tons of Lay’s, Cheetos and Xpycteam chips per year. The company did not reduce the assortment in any way, but began to produce Pepsi under a different name, for example, the brands "7Up", "Mirinda" - this is Frustyle, Pepsi - is Evervess and "Любимая кола". The American PepsiCo, having just launched ice cream under the Domik v derevne brand, agreed on its production with Chistaya Liniya near Moscow. Initially PepsiCo promised to suspend production & sale of Pepsi in Russia and planned to continues to provide essential foods.

The Company Statement
September 01, 2023

The company announced the suspension of the sale of Pepsi-Cola, 7Up and Mirinda (replacing them with Evervess and Frustyle). The company continued to produce other products in Russia. It also suspends capital investments and all advertising and promotional activities in Russia. In September 2022 PepsiCo Inc has stopped making Pepsi, 7UP and Mountain Dew in Russia nearly six months after the U.S. company said it would suspend sales and production after Moscow sent tens of thousands of troops into Ukraine. For 11 months, from the beginnig of the war, the company has not taken any visible steps to exit and continues to sell chips and dairy products in Russia. Still operating in Russia with increasing revenue volumes in 2022 vs 2021 (+$223mn or +5%). Profit volumes also significantly increased in 2022 vs 2021. The National Agency on Corruption Prevention (NACP) has included two leading food corporations, PepsiCo and Mars, on the list of international sponsors of the war. SAS is taking swift action and have already announced a boycott of Pepsi products due to their continued business in russia and financially fueling russia's war.

September 21, 2023The Russian Federation destroyed the PepsiCo plant in Ukraine: the Ministry of Defense said that they themselves paid for the missile
September 21, 2023This morning Russian missile destroyed a Pepsi plant near Kyiv
September 02, 2023Happy to see that @SAS are taking swift action and have already announced a boycott of @PepsiCo products due to their continued business in russia and financially fueling russias war!
September 01, 2023PepsiCo - International sponsor of war | War and sanctions
September 01, 2023Calls for American Food Giants, Mars and PepsiCo, to exit Russia as Ukraine names them ‘International Sponsors of War’
August 10, 2023Chistaya Liniya launches production of ice cream under the PepsiCo brand
July 26, 2023Western Companies in Russia Fear Further Asset Grabs by the Kremlin
July 07, 2023PepsiCo, Mars See Business Boom in Russia After Staying Behind
July 07, 2023"Business to Stay: A Closer Look at Multinational Income and Taxes in Russia in 2022".
June 07, 2023Letter sent by B4Ukraine to the company (no response provided)
May 22, 2023PepsiCo, Jameson. How international companies return to the Russian market
March 07, 2023PepsiCo launches Evervess cola and Favorite Cola
February 17, 2023PepsiCo response
February 13, 2023CSO coalition urges companies engaged in business with Russia to take immediate steps in response to ongoing war against Ukraine, incl. cos. responses & non-responses
February 08, 2023FORM 10-K for the fiscal year ended December 31, 2022
January 22, 2023BP, Siemens and PepsiCo branded ‘hypocrites’ for donating to Ukraine while failing to fully exit Russia
September 20, 2022PepsiCo ends Pepsi, 7UP production in Russia months after promising halt over Ukraine
July 12, 2022PepsiCo reflects a quarterly loss of $1.17 billion due to the impairment of assets in the Russian Federation
March 09, 2022PepsiCo will suspend the sale of drinks and investments in Russia
March 09, 2022PepsiCo suspends drink sales in Russia; supply of dairy “essentials” continues
March 08, 2022PepsiCo suspends production and sale of Pepsi-Cola and other global beverage brands in Russia
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Company statements and statistical data are collected from open sources and official registers according to the methodology of the KSE Institute.