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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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Once a hub in the rear, Pavlohrad is now in Russia's glide bomb crosshairs

PAVLOHRAD, DNIPROPETROVSK OBLAST — When Russia launched its full-scale invasion, the city of Pavlohrad in Dnipropetrovsk Oblast, roughly 75 kilometers (45 miles) from the front line, became a relatively safe haven for those fleeing the war further east. But as the war drags on and the range of Russian weaponry increases, those living there fear their home now faces the same fate as cities in neighboring Donetsk Oblast, many of which Russia has reduced to rubble. Just a month ago, on July 20, t

Children on bicycles watch a fire near their home in Pavlohrad, Ukraine, on August 15, 2026.

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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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