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Coca-Cola HBC Russia external management dispute

What happened before and after this story. Background events not previously covered were summarised by AI.

  1. Background

    Coca-Cola HBC keeps Russian business after 2022 invasion of Ukraine

    After Russia invaded Ukraine, bottler Coca-Cola HBC suspended Coca-Cola brand activity in Russia but kept operating there, producing other drinks.

  2. Background

    Coca-Cola HBC reviews its Russian operations after the Ukraine war began

    In December 2022 Coca-Cola HBC said it was reviewing its Russian operations, which had become a smaller part of the bottler's wider Group activities.

  3. Coca-Cola HBC shares plunge 18% over fears for its Russian business

    Shares of Swiss-based Coca-Cola HBC fell 18% after reports that a Russian brewer asked Putin to put its former Russian bottler under external management.