Reducing Activities: company scaling back some business operations while continuing others
Wait Scaling Back
PepsiCo, Inc. is an American multinational food, snack, and beverage corporation.
Reducing Activities: company scaling back some business operations while continuing others
Wait Scaling BackGlobal 500, is an annual ranking of the top 500 corporations worldwide
Global 500Top 100 largest companies in Russia by revenue
Top 100As 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 announced the suspension of the sale of Pepsi-Cola, 7Up and Mirinda. 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.