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Victoria's Secret and Discovery: foreign companies leaving Russian market

... intention to suspend work was announced by Yum! Brands, which operates a chain of KFC restaurants and Pizza Hut pizzerias in Russia. The company has previously announced its intention to transfer profits as humanitarian aid to the victims of the conflict in Ukraine. The brand is also curtailing investment activities in the country. Two old American competitors in the beverage market, The Coca-Cola Company and PepsiCo, this time were in solidarity in the decision to stop their business activities in Russia. The Coca-Cola plant in Siberia has already suspended work. Prior to this, the Novosibirsk enterprise produced about 50 types of products shipped to the Urals, the Far East and the European part of the country. However, Coca-Cola ...

Over 100 global brands leave Russian market

The special operation launched by Russia in Ukraine has led to a mass exodus of foreign companies from the country. The sanctions imposed by the United States, the European Union and other countries against individuals and organizations contributed to the suspension of activities in various sectors ...

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