Photographer: Andrey Rudakov/Bloomberg/Contributor via Getty Images On Tuesday, PepsiCo and Coca-Cola joined other companies in announcing they would be suspending business in Russia due to the country’s invasion of nearby Ukraine.
“The Coca-Cola Company announced today that it is suspending its business in Russia,” Coca-Cola confirmed in a release. “Our hearts are with the people who are enduring unconscionable effects from these tragic events in Ukraine. We will continue to monitor and assess the situation as circumstances evolve.”
The impact for each company will be felt on different levels.As CNBC reported , “In a regulatory filing, Coke said its business in […]
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