“The market will decline, and we are working to hold the decline [in Russia and Ukraine] to mid-single digits,”
Nevil Gibson for NBR Food Industry Week Thu, 05 Mar 2015
The world’s second biggest bottler of Coca-Cola products, Swiss-based Coca-Cola Hellenic (HBC), has announced an 11.4% drop in fourth quarter profit, warning of further severe market decline in its biggest market Russia.
Although the earnings report praised the “good performance” in Russia, as