Coca-Cola Hellenic Bottle Company (Coca-Cola HBC), the distributor of Coca-Cola soft drinks, announced that it is ceasing to produce and sell beverages in Russia, Reuters reported.

The company's release says that the distributor's Russian customers are currently in the process of running out of stock, but it is not specified when they may run out.

Coca-Cola HBC owns beverage plants of Coca-Cola brands in Russia and other countries. In addition to Coca-Cola itself, it produces and sells Fanta, Sprite, Powerade, Schweppes, Burn, BonAqua water, Dobry, Pulpy, Rich, My Family, Innocent juices and other products.