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PepsiCo Eyes Alcoholic Beverage Production

The Moscow Times

... was nothing specific at that time," he said. PepsiCo is one of the largest food companies in the world and is the second-largest producer of beverages. In Russia, it owns PepsiCo Holdings (drinks), Frito Lay Manufacturing (snacks), Lebedyansky (juice) and Wimm-Bill-Dann (milk, juice, baby food). Its annual turnover in Russia is about $5 billion out of a 2011 global revenue of $66.5 billion. PepsiCo's main rival, Coca-Cola, is a distributor of alcohol in Russia. It signed a contract in 2010 with...

Court Orders Protest Camp Dismantled

By Jonathan Earle / The Moscow Times

... emergency assembly near a statue of Kazakh poet Abai Qunanbayuli, while skinheads with nationalist wristbands bustled around, muttering into walkie-talkies, and volunteers made bologna sandwiches and handed out plastic cups of bargain-basement pineapple juice. “I don't understand what they want. It just looks like a hangout,” said Svetlana, a local resident who said she was visiting the camp for the first time. She said she didn't feel safe at the camp, but added that the crowd wasn't any...

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