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The Financial Express

Coca-Cola bottler starts making 'Dobry Cola' in Russia

| Updated: August 28, 2022 19:16:58


A view shows the logo of Coca-Cola at the company's plant in Azov in the Rostov region, Russia March 9, 2022. REUTERS/Sergey Pivovarov/File Photo A view shows the logo of Coca-Cola at the company's plant in Azov in the Rostov region, Russia March 9, 2022. REUTERS/Sergey Pivovarov/File Photo

Coca Cola HBC AG has started making a local cola, Dobry Cola, in Russia after stopping production and sales of Coca-Cola Co products after Western companies left the country en masse earlier this year.

Dobry has been a juice brand in Russia but Coca-Cola HBC, which is independent of the Coca-Cola Co, said earlier this month it was exploring extending existing local brands.

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

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

The Interfax news agency on Friday quoted the founder of Russian fast-food chain Teremok as saying he had received notification from the company about 'Dobry Cola,' and was trying to sell it in his restaurants.

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