PepsiCo to build $170 mln Russia snack plant
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PepsiCo International   said on Saturday it would build a snacks production  plant in the Russian town of Azov and invest $170 million over  five years in the project.
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PURCHASE, NY -- PepsiCo Inc.&#39;s net income rose 35 percent in its latest quarter from a year ago, helped by growth in beverage and snack volume, as well as a tax benefit.
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Pepsico Inc.  posted a 26 percent jump in sales in China, its third-largest market worldwide, to &#36;1 billion in 2004 and aims to sustain double-digit growth in 2005, a senior executive said on Tuesday.
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PepsiCo International Chairman and CEO Steve Reinemund will begin his first visit to India from October 24 to take stock of the company&#39;s operations in the country.
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Nestle , the world&#39;s largest  food company, held merger talks with U.S. snacks and drinks  conglomerate PepsiCo  earlier this year, but the project  ran aground due to a number of complications, the Wall Street  Journal Europe reported on Thursday.
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PepsiCo Inc. PEP.N, the world's No.  2 soft drink company, said on Thursday quarterly profit rose  due to tax benefits and a strong performance from its key  Frito-Lay snack and North American beverage businesses.
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Coca-Cola said it agreed to buy Fuze Beverage to add more juice, tea and energy drinks in an effort to catch up with PepsiCo.
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MOSCOW, June 22 -- The state-controlled energy giant Gazprom on Friday bought a vast natural gas field in Siberia from a unit of  British-based petroleum conglomerate BP, continuing the Kremlin's policy of shifting control of the country's major energy projects from foreign to state hands.
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PepsiCo Inc.  posted a 60  percent rise in quarterly profit on Thursday, boosted by  strength in its Frito Lay snacks business in the United States  and growth abroad.
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Quiznos Sub, the third-largest U.S.  sandwich chain, said on Wednesday it signed a deal to serve  PepsiCo Inc. PEP.N drinks in its U.S. outlets, ending a  23-year relationship with Coca-Cola Co. KO.N
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French car maker Peugeot Citroen announces plans to build its first factory in Russia, an expanding market.
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MONTREAL (CP) - Alcan Inc. is investing &#36;55 million US in the Russian packaging market to build and equip two factories in the Moscow and St. Petersburg regions.
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PepsiCo Inc, the world&#39;s No. 2 soft drink company, said on Thursday quarterly profit rose due to tax benefits and strong earnings at its key Frito-Lay snack and North American beverage units.
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PepsiCo Inc.  posted a  greater-than-expected quarterly profit on Tuesday on a lower  tax rate and higher sales of Frito-Lay snacks.
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PepsiCo Inc. (PEP.N: Quote, Profile, Research) will pay $750 million for General Mills Inc.&#39;s (GIS.N: Quote, Profile, Research) 40.5 percent stake in their Snack Ventures Europe joint venture, the companies said on Monday.
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PepsiCo Inc  said on Friday it was launching new drinks, including the caffeinated Propel Invigorating Water and a lighter version of the Gatorade sports beverage.
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PepsiCo, the world's No. 2 soft drink company, said quarterly profit rose due to tax benefits and a strong performance from its Frito-Lay snack business.