Altai beer maker asks Putin to hand it Coca-Cola’s former Russian business

Source: Kommersant

Bochkari, a beer and soft drink producer based in Altai, has asked Russian President Vladimir Putin to transfer the businesses of Multon and Multon Partners, the former Coca-Cola bottler, to its external management.

Sources told Kommersant on November 5 that the request, submitted in October, had been forwarded to the government and had already won support from some deputy prime ministers overseeing the sector.

Multon Partners said a local team runs the company and that it had received no notification of any changes.

Multon, owned by Coca-Cola Hellenic Bottling Company, is one of Russia’s largest soft drink producers. After Coca-Cola wound down its business in Russia in 2022, Multon focused on local brands: Dobry, Rich, Moya Semya, Pulpy, Burn, and BonAqua.

After Russian media reported Bochkari’s proposal, shares in Coca-Cola Hellenic Bottling Company fell nearly 19% on the London Stock Exchange to 54 pounds a share.

Russian authorities have previously placed the assets of several Western brands under temporary management, including Auchan, Nestle, Metro Cash & Carry, the former Leroy Merlin chain, and Japan Tobacco International.

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August 25, 2026

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Altai beer maker asks Putin to hand it Coca-Cola’s former Russian business

Russian state control of companies

Here’s what we know about Putin’s decree empowering the Russian state to take control of companies that fail to stop Ukrainian drones

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Altai beer maker asks Putin to hand it Coca-Cola’s former Russian business

Russian state control of companies

Here’s what we know about Putin’s decree empowering the Russian state to take control of companies that fail to stop Ukrainian drones

Bochkari

Bottler

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