# Coca-Cola HBC AG to suspend its business in Russia

- Link: https://www.directorstalkinterviews.com/coca-cola-hbc-ag-to-suspend-its-business-in-russia/4121056043
- Published: 2022-03-09T07:24:17+00:00
- Author: Giles

**Coca-Cola HBC AG** (LON:CCH) has today provided an update on its Russian operations.

Following the recent announcement by The Coca-Cola Company to suspend its business
in Russia, we respect the decision and are working in close alignment on its implementation.
We will thoughtfully consider the interests of our employees, customers, and suppliers
in Russia.

Our relationship with The Coca-Cola Company remains strong, and we continue to work
in close partnership across the rest of our markets.

Our hearts go out to all the people affected by the unimaginable tragedy in Ukraine.
We continue to provide support on the ground in partnership with The Red Cross. 
We are grateful to all our employees in particular those that have been providing
personal support. We add our voice to the many who desperately want peace to return
to Ukraine.

Coca-Cola HBC is a growth-focused consumer packaged goods business and strategic
bottling partner of The Coca-Cola Company. We create value for all our stakeholders
by supporting the socio-economic development of the communities in which we operate
and we believe building a more positive environmental impact is integral to our 
future growth. Together, we and our customers serve 715 million consumers across
a broad geographic footprint of 29 countries on three continents. Our portfolio 
is one of the strongest, broadest and most flexible in the beverage industry, offering
consumer-leading beverage brands in the sparkling, juice, water, sport, energy, 
plant-based, ready-to-drink tea, coffee, adult sparkling and premium spirits categories.
These beverages include Coca-Cola, Coca-Cola Zero, Schweppes, Kinley, Costa, Valser,
Romerquelle, Fanta, Sprite, Powerade, FuzeTea, Dobry, Cappy, Monster and Adez. We
foster an open and inclusive work environment amongst our 36,000 employees and we
are ranked among the top [sustainability](https://www.directorstalkinterviews.com/sustainability-green-stocks-news)
performers in ESG benchmarks such as the Dow Jones Sustainability Indices, CDP, 
MSCI ESG and FTSE4Good.

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