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Coca-Cola announced it was leaving the Russian market back in March as part of the global response to the invasion of Ukraine. Yet the U. Two weeks after the invasion of Ukraine, the U. Coca-Cola Company announced that it was ceasing operations in Russia, abandoning its investments and halting its promotional activities. That meant that officially, Coca-Cola, Sprite, Fanta and other brands would no longer be on sale. However, the American parent company has never been directly responsible for its production and sales in the Russian market. However, second place in the market went to the original U. And now, its sales in Russia make money not for Greek businessmen, but Russian billionaires. All Coca-Cola sold in Russia is imported as of last fall. There are dozens of companies bringing the drinks into the country, including the UAE, Iran, Turkey, Azerbaijan and many other countries. Journalists have even found bottles of Coke imported from Taliban-held Afghanistan. This figure is based on records from Rosakkreditatsiya, the state agency that issues the declarations of conformity which are required for importing goods into Russia. A serial declaration enables Foodmall to import any volume from its designated supplier, which is in this case the Azerbaijan-based Coca-Cola Bottlers LTD. The same bottler is also delivering cola to the Rostov region in southern Russia via Korzinka, a company specially created for this purpose. It was founded by the year-old wife of the head of a large meat processing plant in Rostov. In Vladivostok, a major port close to the Chinese border, a Chinese bottler supplies local distributor Digoods. Another Vladivostok-based company, Trade Group, filed a declaration to import barrels of cola, apparently for the hospitality industry. The Coca-Cola Company was able to improve its image in the eyes of clients and investors, albeit at the cost of lost profits. Meanwhile, Russian businessmen have gained more opportunities to earn from importing soda under the Coca-Cola brand name. The firings affected only the offices in Cyprus, Serbia and Hungary. Russian citizens were featured heavily among those. An inside look at the Russian economy and politics. Exclusively in your inbox every week. The Bell. You might also like. The Bell's Newsletter An inside look at the Russian economy and politics. Featured Posts. Twitter RSS.
In close alignment with The Coca-Cola Company, we have stopped all production and sales of brands of The Coca-Cola Company in Russia. There are.
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June 14 Interfax - U. The trademarks belong to the 32nd and 33rd classes of the International Classification of Goods and Services for soft drinks, alcoholic beverages, and carbonated water, among others. The Coca-Cola Company announced in March that it was suspending operations in Russia amid the situation in Ukraine. The company then announced the halt to production and sales of carbonated beverages under the international brands Coca-Cola, Sprite, and Fanta in Russia, and focused on the release of local brands. Despite this, the new soft drink has managed to occupy Coca-Cola's niche, he clarifies. The Dobry Cola brand increased its market share from 2. Absolute values were not provided. The company posted net profit of 6. News and other data on this site are provided for information purposes only, and are not intended for republication or redistribution. Republication or redistribution of Interfax content, including by framing or similar means, is expressly prohibited without the prior written consent of Interfax. All rights reserved. International Information Group.
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US soft drink maker The Coca-Cola Co., which withdrew the Coca-Cola, Sprite, and Fanta brands from the Russian market in , filed three applications.
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Russian businesses have figured out tricks to get around international sanctions: reselling, repackaging, rerouting: Almost everything is.
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