Coca-Cola suspending business in Russia
WASHINGTON. March 9 (Interfax) - The U.S.-based Coca-Cola Company has announced that it is suspending its business in Russia due to the situation in Ukraine.
"The Coca-Cola Company announced today that it is suspending its business in Russia," the company said in a statement on its website. The statement did not say what measures exactly this envisions.
"We will continue to monitor and assess the situation as circumstances evolve," it said.
In late February, the press office for Coca-Cola HBC in Russia, the bottler of The Coca-Cola Co. said the company was operating as usual.
Coca-Cola HBC owns 10 plants in Russia that produce soft drinks and juices.