The main competitor Coca-Cola, PepsiCo on Tuesday declared that he did not want to leave Russia, but studies different business options in the country, the Wall Street Journal reported with reference to sources. And now a few minutes ago, a message appeared on the official website of the company that Pepsico stops all sales of their drinks (Pepsi, 7Up, Mirinda, etc.) in Russia because of the events in Ukraine.
“Pepsi-Cola entered the market at the height of the Cold War and helped create points of contact between the United States and the Soviet Union. However, given the terrible events taking place in Ukraine, we declare the suspension of Pepsi-Cola sales and our global brands of drinks in Russia, including 7UP and Mirinda. We also suspend investment and all advertising activities in Russia, “the report says.