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PepsiCo said it would leave Russia. Last year, it paid $237 million to the state

by Toby Woodall

In response to Russia's full-scale invasion, PepsiCo announced it would suspend production and sales in Russia in March 2022 — and yet, last year it still paid $237 million in income tax to the Russian state. PepsiCo, one of the largest food and drink producers in the world, remains Russia's fourth-largest foreign business — with 60,000 workers and 19 factories still producing Pepsi Cola for Russian shelves under new names, Lyubimaya Cola and Evervess Cola. That continued presence means more m

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Russia still has 50 Kinzhal missiles after pausing production, HUR claims

Russia still has about 50 Kh-47M2 Kinzhal air-launched ballistic missiles in its arsenal, despite pausing production of the munition in order to improve its accuracy, Ukraine's Military Intelligence (HUR) has claimed. The Kinzhal is a modified version of the Iskander ballistic missile, which is launched by specially modified MiG-31K interceptor jets. Over the course of the full-scale war they have regularly been used to attack Ukraine. "As of July 2026, the Russian Federation has about 50 Kinz

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The Kyiv Independent’s Business Desk covers the biggest news in business, economics, and tech from Ukraine, as well as global developments that shape the economy of the region.

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In response to Russia's full-scale invasion, PepsiCo announced it would suspend production and sales in Russia in March 2022 — and yet, last year it still paid $237 million in income tax to the Russian state. PepsiCo, one of the largest food and drink producers in the world, remains Russia's fourth-largest foreign business — with 60,000 workers and 19 factories still producing Pepsi Cola for Russian shelves under new names, Lyubimaya Cola and Evervess Cola. That continued presence means more m

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