PepsiCo

Some 60% of PepsiCo's soft drinks for the domestic market will be produced in Greece from the end of the year, after the company decided to return even more of its production after 2016, when it decided to close the soft drink factory at Oinofyta, north of Athens.

Brands representing 20% of the plastic packaging produced globally are among signatories to a new United Nations commitment to eradicate plastic waste and pollution.

The New Plastics Economy Global Commitment is led by the Ellen MacArthur Foundation, in collaboration with the UN Environment, and is backed by 250 organizations and brands.

Russia's agricultural watchdog Rosselkhoznadzor intends to apply to national law enforcement agencies over possible commercial espionage by PepsiCo, spokesperson Yulia Melano told reporters.

Just when you think there’s no end to the diversity of junk food lining supermarket aisles, an insanely detailed infographic comes along to set us all straight. Out of the hundreds of products at our disposal, only ten major corporations manufacture the bulk of what we toss in our shopping carts.

Athens-listed Viohalco group is in the final stage of talks for the acquisition of PepsiCo-Ivi's central plant at Oinofyta in Viotia, which ceased production on October 30.

The rapid deindustrialization of the country has led to the shutdown of at least 18 production units in the last five years from 2012 to 2016.

The latest such incident was the termination of the Pepsico-Ivi plant at Viotia, central Greece, on October 31. Three months earlier, on August 2, listed wire and wire ropes producer Leventeris had shut down its plant near Volos.

Ninety years after the first production of soft drinks in Greece under the name Ivi, and 43 years after the Ivi-Panagopoulos company first started making Pepsi Cola in the country, the machinery at the PepsiCo-Ivi plants ground to a halt on Monday.

Cypriot company Hellenic Water is in advanced talks with Pepsico-Ivi for the acquisition of the latter's water bottling plant at Loutraki, near Corinth.

The local subsidiary of Pepsico is also in talks with a company outside the food and drink sector for the sale of its installations - offices and warehouses - at Koropi, east of Athens.

U.S. soda giants Coca-Cola and PepsiCo are among the companies competing for a minority stake in yogurt maker Chobani, a person familiar with the process said on Oct. 13.

By Dimitra Manifava

Soft drinks manufacturer Pepsico-Ivi is seeking a bottler in the Greek market to take on the exclusive rights of production and sale of its brands, as the Pepsico group wishes to disengage from its loss-making activity in Greece.