Coca-Cola estimated the losses from leaving Russia
![]() 2356 Thursday, 11 August, 2022, 15:42 Coca-Cola HBC AG said on Thursday it incurred a one-time hit of 190 million euros ($195.36 million) in the first-half due to costs related to its business in Russia after it stopped sale of Coca-Cola drinks in the country following the Ukraine war. The soft drinks bottler, which once counted Russia as one of its biggest markets, also expects to sustain financial charges of about 82 million euros in the second-half as it depleted all its stocks and would no longer produce or sell Coca-Cola or other brands of the Coca-Cola Company in Russia. |
Georgia has fully repaid its long-term debt to Russia, Armenia and Azerbaijan
42317.09.2025, 12:46Brussels to propose sanctions against Israel as Gaza war escalates
54716.09.2025, 20:51Elon Musk just lost his title as world’s richest person
110010.09.2025, 19:36Treasury secretary says U.S. and European Union must partner to 'collapse' Russian economy
152807.09.2025, 23:46India’s Russian oil gains wiped out by Trump’s tariffs: #Reuters
178828.08.2025, 21:00India’s Russian oil gains wiped out by Trump’s tariffs
169327.08.2025, 20:24"If Putin doesn't stop the war, we'll start an economic war" - Trump
158327.08.2025, 13:18US imposes 50% tariffs on India for buying Russian oil
154827.08.2025, 13:00