An Altai deputy from United Russia asked for the Coca-Cola factories to be handed over to him.
Deputy Altai regional parliament member from United Russia and the owner of the beverage manufacturer Bochkari Vadim Smagin addressed to Vladimir Putin with a request to transfer the Russian Coca-Cola plants, divisions of Multon and Multon Partners, to his company for temporary management.
Coca-Cola factories: what do they produce now?
The factories that formerly produced Coca-Cola now produce Rich juices and Dobry brand drinks. The market value of these assets is estimated at 245 billion ₽The relevant deputy prime ministers in the government have already expressed partial support for the proposal.
Letter to Putin and explanation from "Bochkari"
The letter explains the need for redistribution by arguing that the foreign owners have allegedly curtailed their investments and are providing financial assistance to Ukraine. In return, the Bochkari promise to use future revenues to finance the occupied Ukrainian territories.
Coca-Cola factories and a billion euros in accounts
According to The Insider, based on Coca-Cola HBC's reporting, by July 2026, more than billion eurosAt the same time, the company reports growth in sales in Russia. Its revenue last year reached 1,61 billion, which is almost in once exceeds the performance of Smagin's entire company.
This scheme has already worked with Canpack factories.
This isn't the first attempt by the Altai United Russia member to acquire the assets of defunct foreign brands through a "temporary management" mechanism. In September, Smagin already purchased the Russian factories of Canpack, a major aluminum can manufacturer, which the state initially nationalized by a temporary decree and then helped sell to a loyal buyer at a significantly reduced price.