Coca Cola HBC denies Russian asset change notice
Bottler Coca Cola HBC stated it has received no notification from Russia regarding operational changes. The company responded to speculation after reports emerged that a local firm sought external management for its Russian assets.
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COCA-COLA HBC AG-DI reported on Thursday it received no notification from Russia regarding proposed changes to its local operations. The statement follows media speculation over control of its subsidiaries in the region. Switzerland-based bottling operations have run locally on a self-standing basis since 2022.
