Wednesday, July 8, 2009

Today's Fly Or Die Commerce Report

The Pepsi Corporation has reportedly committed to spend $1 billion in Russia over the next three years.

PepsiCo Inc. recently opened a bottling plant right outside of Moscow. According to The Wall Street Journal, Pepsi plans to make this plant its largest one on the globe. Pepsi also reportedly brought Russia's largest juice company in 2008, for $2 billion.

The Wall Street Journal also reveals that Pepsi has vowed to spend $500 million in India, and $1 billion in China over the next four years.

As the American economy is allegedly experiencing a downturn, many corporations are focusing on investing their dollars in foreign markets.

No comments: