PepsiCo and Pepsi Bottling Group Invest in Russia Monday, July 6, 12:02 PM ET
Is Pepsi "the right one" for Russia? PepsiCo and Pepsi Bottling Group announced they will invest $1 billion in Russia over the next three years.
That brings total investment in Russia to $4 billion, as Pepsi tries to expand its reach in emerging markets.
Pepsi and PepsiCo plan to increase manufacturing and distrubution in Russia. A new bottling plant will open there this week, along with a new snack factory later this year.
Pepsi Bottling Group shares higher by .60 percent Monday morning.
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