Nestle's Cantarell Sees Promise in Russia Amid Economic Doldrums

  • Russian consumers shifting from tea to Nestle's coffee brands
  • Food maker's Russian sales to rise 15% in 2015, analyst says

Nestle SA, the world’s biggest food maker, sees Russia as one of the most promising markets to expand its industry-leading coffee business despite a squeeze on consumer spending caused by plunging oil prices and the ruble’s devaluation.

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