Pepsi is leaving Russia, too

By: Trademagazin Date: 2022. 03. 08. 11:35

Ramon Laguart, CEO of PepsiCo Corporation, said the company is suspending sales of its beverages in Russia.

“In light of the terrible events in Ukraine, we announce the suspension of sales of Pepsi-Cola and our global beverage brands, including 7Up and Mirinda, in Russia. We will also suspend capital investments and all advertising activities in Russia.”

– the a statement posted on the company’s website says.