Baghdad Soft Drinks Co – Baby Nursery Wall Manufacturer – Kids Rooms Murals Manufacturer
History
Pepsi-Cola in Iraq goes back to 1950, when the brand was launched. Pepsi grew to become Iraq’s leading soft drink brand, with Baghdad Soft Drinks Company, becoming a Pepsi franchisee in 1984.
However, that relationship ended in 1990, when PepsiCo ceased doing business in Iraq after US and international trade sanctions barred trade with the country.
Hamid Jassim Khamis, serves as managing director, but resigned after he clashed with Uday Hussein, son of the dictator Saddam Hussein, who bought a 10 per cent share of the company.
During the 2003 invasion of Iraq, the local Pepsi-maker was forced to replace authentic PepsiCo concentrates with counterfeit varieties smuggled in from eastern Europe, due to international regulation.
After 2003, Uday Hussein’s stake was frozen and Mr Khamis was brought back.
Coke’s rival PepsiCo returned to Iraq in January 2004. A new company with the name The Coca Cola Bottling Company of Iraq has been set up. Coca-Cola drinks are imported into Iraq from Jordan, Turkey and other neighbouring countries. Pepsi Cola had been the only cola in Iraq since the mid-1960s Arab League boycott of israel, because of Coke’s investments in Israel.
Through local lawyers, PepsiCo is trying to re-register its trademark in Iraq, hoping for a crackdown on counterfeiters.
See also
Economy of Iraq
References
^ “Putting stock in Iraq Baghdad exchange is a whirlwind of fierce optimism”. sfgate. Tuesday, May 24, 2005. http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2005/05/24/BUGNLCTH0T1.DTL. Retrieved 2008-12-13.
^ “Now Cola Battle Rages in Baghdad”. http://www.arabnews.com/?page=6§ion=0&article=27837&d=29&m=6&y=2003. Retrieved 2008-12-13.
^ “Demand-for-suppliers”. foodproductiondaily. http://www.foodproductiondaily.com/Processing/Demand-for-suppliers. Retrieved 2008-12-13.
^ “Pepsi seeks to rebuild as ‘cola war’ looms”. iraqupdates.com. 04 July 2005. http://www.iraqupdates.com/p_articles.php/article/2036. Retrieved 2008-12-13.
^ “Coca-Cola to open Iraq plant”. (Reuters). 28 June 2005 (Reuters). http://admin.iraqupdates.com/p_articles.php/article/2064. Retrieved 2008-12-13.
External links
Official Iraq Stock Exchange homepage
v d e
PepsiCo, Incorporated
Corporate Directors:
Indra Nooyi (Chairwoman and CEO) Robert Allen Dina Dublon Victor Dzau Ray Hunt Alberto Ibargen Arthur Martinez Steven Reinemund Sharon Rockefeller James Schiro Franklin Thomas Cynthia Trudell River King
Pepsi-Cola:
Pepsi Diet Pepsi Pepsi Max Jazz Diet Pepsi Pepsi ONE Kas Mountain Dew Manzanita Sol Mirinda Mug Root Beer Sierra Mist Slice AMP Energy Aquafina Ethos Water (under license) Lipton (Brisk Iced Tea) (under license) No Fear (under license) Ocean Spray (under license) Frappuccino (under license) Starbucks (under license) SoBe Shani
Frito-Lay:
Lay’s Ruffles Doritos Tostitos Fritos Cheetos Rold Gold Funyuns Sun Chips Cracker Jack Munchos Smartfood Oberto (distributed) Hostess Lay’s Stax Miss Vickie’s Munchies Walkers (Salt ‘n’ Shake Frazzles Quavers Monster Munch Wotsits) Sabritas Smith’s (Twisties Burger Rings Parker’s Nobby’s) Gamesa Kurkure
Tropicana:
Tropicana Dole (under license) Naked Copella
Quaker Oats:
Quaker Instant Oatmeal Cap’n Crunch Life Quisp King Vitaman Oh’s Aunt Jemima Chewy Granola Bars Rice-A-Roni Toddy
Gatorade:
Gatorade Propel Fitness Water
Annual Revenue: .1 billion USD (16% FY 2006) Employees: 168,000 Stock Symbol: NYSE: PEP Website: www.pepsico.com
Iraq portal
Categories: PepsiCo bottlers | Companies of Iraq
