• Coca-Cola Still On The Shelves In Russia

    By Staff
    July 19, 2023
    No Comments

    Many readers are unaware that CDM is global and has reporters in Eastern Europe and Ukraine bringing news out of that area. Here is one recent story that affects a Georgia company - Coke

    Please Follow us on GabMindsTelegramRumbleGab TVGETTR, Truth Social, Twitter

    Many companies left Russia due to the war in Ukraine and the resulting sanctions against the Russian Federation.

    Coke was one of them; but, that’s not the end of the story.

    Coca-Cola announced it was leaving the Russian market back in March 2022 as part of the global response to the invasion of Ukraine. Coca-Cola HBC, the Greek-owned company that bottled and sold Coke in Russia, switched to a new brand, Dobry Cola. Yet the U.S. soft drink giant remains the second most popular soda brand in Russia, and Russian businessmen are now reaping billions from it, reported The Bell.

    Second place in the market goes to the original U.S. Coca-Cola. Despite the closure of its Russian production lines and other problems, it still holds 14% of the market. And now, its sales in Russia make money not for Greek businessmen, but Russian billionaires.

    Coca-Cola’s fate in Russia is a good illustration of how the current combination of sanctions and “self-sanctioning” is unable to completely isolate Russia from the global economy. The Coca-Cola Company was able to improve its image in the eyes of clients and investors, albeit at the cost of lost profits. Meanwhile, Russian businessmen have gained more opportunities to earn from importing soda under the Coca-Cola brand name.

    ‘NO AD’ subscription for CDM!  Sign up here and support real investigative journalism and help save the republic!

    See a sample of more stories from CDMs Tsarism publication below



    The latest


    Inline Feedbacks
    View all comments

    Follow Us

  • magnifier