Pepsi Sued over Use of Famagusta Factory
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5 Articles
Pepsi sued over use of Famagusta factory
A group of Greek Cypriot businessmen are suing a company in the occupied north of the island as well as soft drink makers Pepsi, seeking compensation to the tune of €140 million for the illegal and unauthorised use of their factory since 1981, according to reports on Thursday. Daily Politis…
Pepsi faces €140 million lawsuit over factory in Famagusta: Greek Cypriot companies CyproFruta and Cyprus Farming have filed a lawsuit against 12 individuals and companies, including PepsiCo and EKTAM Cyprus, alleging that their factory and land in Famagusta have been used without permission since 1981.
Greek Cypriot businessmen are claiming compensation exceeding €144 million from PepsiCo and 11 other individuals and legal entities, through a lawsuit filed with the Nicosia District Court. As the newspaper "Politis" highlights in its publication, the case concerns a factory and a plot of land in the occupied Famagusta district, which, according to the plaintiffs, have been used since 1981 for the production of soft drinks and other products of …
Two Greek Cypriot companies operating in the Republic of Cyprus have filed a lawsuit seeking over €140 million in compensation against 12 individuals and entities, including PepsiCo, regarding the Pepsi factory in Famagusta. The companies are demanding the closure of the factory and the transfer of the properties to them.
Greek Cypriot businessmen have filed a lawsuit in the Nicosia District Court claiming compensation of over €140 million for the use of a factory and a field in the occupied province of Famagusta, against 12 individuals and legal entities, including the American group PepsiCo. According to a report in “Politis”, the lawsuit was filed by the companies CYPROFRUTA LIMITED and […] €140 million lawsuit against PepsiCo for a factory and property of Gre…
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