PepsiCo invests $1bn in Russia
PepsiCo, the US food and drinks company, said yesterday it would invest $1bn in Russia over three years as part of its wider strategy to expand in emerging markets, reports the Daily Telegraph.
24/11/08 PepsiCo Americas Foods CEO John C. Compton announced today that PepsiCo businesses and brands would invest up to $3 billion US dollars in Mexico over the next several years to enable growth of its Sabritas and Gamesa foods businesses and its portfolio of beverage brands.