Coca Cola puts Russia on par with Nigeria for business risks
date:Feb 28, 2013
The risks of doing business in Russia are on par with those in Nigeria and Romania and can negatively affect sales, Coca-Cola said in a report issued to its investors.

Complex regulation, inconsistent state policy and conflicting decisions between national, regional and municipal authorities increase business costs, Vedomosti cited the company as saying in its report on Wednesday.

The company also noted that legal ambiguities pose a risk that is peculiar to Russia and Nigeria. In addition, the
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