Coca-Cola estimated losses from leaving from Russian Federation at $195 million

Coca-Cola HBC suffered single damage of $195 million in the first half of the year because of the expenses connected with the termination of sales of Coca-Cola drinks in the territory Russian Federation, transfers agency information agency "Reuters". According to forecasts of companies, the operating profit for 2022 will make from 740 to 820 million euros because of smaller presence to Russian Federation and inflationary problems. In addition Coca-Cola declared that settled the stocks and stopped production and sale production to Russian Federation which once was its largest market. The chief executive officer Zoran Bogdanovich reported that local brands, such as...