Top international drinks brand triples profits in Russia

Aug 9th 2023 10:11am EDT

Bacardi continues working in the sanctioned country while many Western peers have left Bacardi’s Russian business, Bacardi Rus LLC, saw profits surge to nearly $50 million last year, more than tripling from 2021, data from Russia’s federal tax agency shows. The company made 4.7 billion rubles ($48.4 million) in 2022, compared to 1.5 billion rubles […]

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