WEBWIRE – Friday, August 5, 2022
The following message was shared with Coca-Cola HBC employees regarding our operations in Russia
Dear colleagues,
I write to update you on the future shape of our business in Russia.
As we indicated in our Q1 trading update, we are making significant changes to our Russian operations in response to the ongoing geopolitical crisis.
In close alignment with The Coca-Cola Company, we have stopped all production and sales of brands of The Coca-Cola Company in Russia. There are no plans to reintroduce The Coca-Cola Company brands or products in any format.
Going forward, we intend to have a much smaller operation in Russia which has been renamed Multon Partners. This will focus on the production and sale of existing local brands – Dobry, Rich and Moya Semya – and raw materials will be sourced from within the market. It will be managed and operated locally.
Over the coming months, Multon Partners will consider how best to establish itself, which may include some extensions of existing local brands, however no plans have been finalised.
We continue to support our colleagues and their communities in Ukraine and neighbouring countries however we can; through individual donations, volunteering and the more than $18.5m donations committed by the Coca-Cola System globally.
We appreciate this is an incredibly challenging time for many of you and we want to thank you for your support during this period.
Zoran Bogdanovic,
CEO, Coca-Cola HBC
May 13, 2022 | Business
, the company had around 303,000 employees worldwide. Further information is available on the Internet at www.siemens.com.
Notes and forward-looking statements
This document contains statements related to our future business and financial performance and future events or developments involving Siemens that may constitute forward-looking statements. These statements may be identified by words such as expect, look forward to, anticipate, intend, plan, believe, seek, estimate, will, project or words of similar meaning. We may also make forward-looking statements in other reports, in prospectuses, in presentations, in material delivered to shareholders and in press releases. In addition, our representatives may from time to time make oral forward-looking statements. Such statements are based on the current expectations and certain assumptions of Siemens management, of which many are beyond Siemens control. These are subject to a number of risks, uncertainties and factors, including, but not limited to those described in disclosures, in particular in the chapter Report on expected developments and associated material opportunities and risks in the Combined Management Report of the Siemens Report ( www.siemens.com/siemensreport), and in the Interim Group Management Report of the Half-year Financial Report (provided that it is already available for the current reporting year), which should be read in conjunction with the Combined Management Report. Should one or more of these risks or uncertainties materialize, should decisions, assessments or requirements of regulatory authorities deviate from our expectations, should events of force majeure, such as pandemics, unrest or acts of war, occur or should underlying expectations including future events occur at a later date or not at all or assumptions prove incorrect, actual results, performance or achievements of Siemens may (negatively or positively) vary materially from those described explicitly or implicitly in the relevant forward-looking statement. Siemens neither intends, nor assumes any obligation, to update or revise these forward-looking statements in light of developments which differ from those anticipated.
This document includes in the applicable financial reporting framework not clearly defined supplemental financial measures that are or may be alternative performance measures (non-GAAP-measures). These supplemental financial measures should not be viewed in isolation or as alternatives to measures of Siemens net assets and financial positions or results of operations as presented in accordance with the applicable financial reporting framework in its Consolidated Financial Statements. Other companies that report or describe similarly titled alternative performance measures may calculate them differently.
Due to rounding, numbers presented throughout this and other documents may not add up precisely to the totals provided and percentages may not precisely reflect the absolute figures.
Mar 2, 2022 | Business
All Russian clubs and national teams are suspended from participation in both FIFA and UEFA competitions until further notice.
WEBWIRE – Tuesday, March 1, 2022
Following the initial decisions adopted by the FIFA Council and the UEFA Executive Committee, which envisaged the adoption of additional measures, FIFA and UEFA have today decided together that all Russian teams, whether national representative teams or club teams, shall be suspended from participation in both FIFA and UEFA competitions until further notice.
These decisions were adopted today by the Bureau of the FIFA Council and the Executive Committee of UEFA, respectively the highest decision-making bodies of both institutions on such urgent matters.
Football is fully united here and in full solidarity with all the people affected in Ukraine. Both Presidents hope that the situation in Ukraine will improve significantly and rapidly so that football can again be a vector for unity and peace amongst people.
Oct 14, 2021 | Business
, the Russian Government approved the Concept for the development of hydrogen energy in the Russian Federation.
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