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Article: On sideline of summit, U.S. firms make deals
- Article from:
- International Herald Tribune
- Article date:
- July 7, 2009
- Author:
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ANDREW E. KRAMER The New York Times
International Herald Tribune
07-07-2009
On sideline of summit, U.S. firms make deals
Byline: ANDREW E. KRAMER The New York Times
Edition: 4
Section: FINANCE/BUSINESS
MOSCOW: --
PepsiCo will invest $1 billion in Russia over the next three years and will open outside Moscow its largest bottling plant in the world, the company announced Monday on the sideline of a summit meeting between the Russian and American presidents.
The announcement by Pepsi came as an echo of the company's first appearance in this country, in 1959, which also took place on the sideline of a political tete-a-tete in Moscow and is known as the Kitchen Debate.
The meeting gained that ...