2026-11-05 19:16:00
Coca-Cola HBC Stock Plunges 17.88%, Largest Single-Day Drop Since March 2020
According to Russian newspaper Kommersant, Bochkari, a local soft drink manufacturer, requested President Putin in mid-October to confiscate Multon Partners—owned by Coca-Cola HBC—and place it under temporary state control. Bochkari argued that Multon's owner's decision to halt investments in Russia