PepsiCo and Pepsi Bottling Group to invest US$1 bln in Russia

14-Jul-09

PepsiCo, one of the world's largest food and beverage companies, has announced to invest US$1 bln in Russia over three years, together with its partner The Pepsi Bottling Group (PBG). The investment in Russia is funding various programs to expand manufacturing and distribution capacity. Among other developments, this investment will bring a new beverage facility opening in Domodedovo. When operating at full capacity, the Domodedovo plant will be larger than any bottling plant currently in PepsiCo's global system. The plant will be the first PBG plant in Russia equipped to produce ultra-light PET plastic bottles on all bottling lines, with labeling technology that uses no glue, less plastic and less energy than traditional labels. In addition, the plant is designed to utilize energy-efficient lighting systems. The plant incorporates a number of water-saving and energy-saving features designed to reduce its environmental impact, the company said. The investment will bring the cumulative investment in Russia by PepsiCo and PBG to over US$4 bln and is consistent with PepsiCo's ongoing strategy to expand in emerging markets.