Pepsi operates 19 plants and employs about 60,000 people in russia. In 2024 it opened a new plant in russia with a snack production capacity of 60K tons per year. In 2023, it generated $4.2 billion in revenue in russia, paying $135 million just in profit taxes to russia’s fully militarized economy. When looking for a new advertising/PR agency in Ukraine in 2023, PepsiCo made it a condition for a potential partner to exclude any mention of the war, or support for Ukraine and its army in future communications.
Why does WSJ give these people a platform. This guy is a psychopath
Pepsi operates 19 plants and employs about 60,000 people in russia. In 2024 it opened a new plant in russia with a snack production capacity of 60K tons per year. In 2023, it generated $4.2 billion in revenue in russia, paying $135 million just in profit taxes to russia’s fully militarized economy.
When looking for a new advertising/PR agency in Ukraine in 2023, PepsiCo made it a condition for a potential partner to exclude any mention of the war, or support for Ukraine and its army in future communications.