Incidents
PepsiCo Stops Operations in Russia
PepsiCo CEO Ramon Laguarta has announced that the company is suspending the sale of its beverage brands in Russia.
“In light of the horrific events in Ukraine, we are announcing the suspension of sales of Pepsi-Cola and our global beverage brands, including 7Up and Mirinda, in Russia. We will also halt all capital investments and advertising activities in Russia,” the company stated in a message on its website.