Pepsi eyes Siberian expansion

Novosibirsk, Russia: PepsiCo International and the Pepsi Bottling Group plan to expand further into Siberia and eastern Russia following their joint acquisition of Russian drinks maker Sobol-Aqua. The deal includes a plant in Novosibirsk that makes Sobol brands and co-packs Pepsi products. "One of our top priorities is to fully capitalise on the growth potential in Russia," added Pepsi Bottling Group CEO Eric Foss.