Russia
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Danone to shed Essential Dairy and Plant-based (EDP) business in Russia with US$978m write off
RUSSIA – French dairy giant, Danone, has decided to initiate a process to transfer the effective control of its Essential Dairy and Plant-based (EDP) business…
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Unilever accused of moral-washing by selling Cornetto and Magnum ice cream as essential food
RUSSIA – British multinational consumer goods company, Unilever has been accused of ‘moral-washing and taking the world for an idiot’ by Moral Rating Agency (MRA).…
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Russian brewer AB InBev Efes suspends activities, AB InBev seeks exit from the business
RUSSIA – The multinational brewer AB InBev is in negotiation to sell its stake in the Russian joint venture AB InBev Efes to its partner…
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Ball Corporation divests Russia’s beverage packaging business to Arnest Group
RUSSIA – Ball Corporation, the world’s leading provider of innovative, sustainable aluminum packaging, has announced the completion of the sale of its beverage packaging business…
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PepsiCo decides to completely cease production operations in Russia
RUSSIA – PepsiCo has decided to completely stop production of Pepsi, 7UP, and Mountain Dew in Russia, nearly six months after the beverage giant announced…