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Saturday, July 20, 2024

Russian Missile Attacks in Southern Ukraine Kill Two

Russian attacks have claimed the lives of two people in the southern Kherson region on Friday, following a significant acknowledgment by Kyiv regarding the destruction of its positions on the left bank of the Dnipro River

Moscow Court Orders Shutdown of Iconic Grushinsky Music Festival

The court’s ruling comes after the festival’s organizers announced the cancellation of this year’s event, citing “possible risks… in the current circumstances.” The announcement was made on VKontakte, a Russian social media platform, where the organizers expressed their regret over the decision

Russia Denies Offensive Failure in Kharkiv Amid Intensified Ukrainian Shelling

The Kremlin on Wednesday refuted claims that its ground offensive in northeastern Ukraine's Kharkiv region had faltered, following an announcement by Russian officials to seal off border villages to protect civilians from escalating Ukrainian shelling

Dobry Cola-new substitute for Coca Cola HBC in Russia

WorldRussiaDobry Cola-new substitute for Coca Cola HBC in Russia

Coca Cola HBC AG (CCH.L) began making a local cola, Dobry Cola, in Moscow after stopping production and sales of Coca-Cola Co products after the heavy exodus of Western companies earlier this year.

Dobry has been a juice brand in Russia but Coca-Cola HBC, which separates from Coca-Cola Co, stated earlier this month it was looking to extend existing local brands via its Multon Partners business.

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Coca-Cola HBC mentioned in a statement, Dobry Cola has no connection with Coca-Cola or the Coca-Cola Co.”

The Coca-Cola Co has a 23% stake in Coca-Cola HBC.

Several reports on Friday have quoted the founder of Russian fast-food chain Teremok, which serves traditional cuisine such as borscht and blinis, as saying he had received notification from the company about “Dobry Cola”, and was trying to sell it in his restaurants.

Meanwhile, local competitors to Coca-Cola have stormed the market since the company left Moscow after it has sent thousands of army men into Ukraine, while Western companies face years of court battles fighting against knock-offs.

Coca Cola HBC had been depleting its stock of Coca-Cola products since placing its last order for concentrate in March.

 

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