Inflation at multi-year highs has pinched household budgets and forced consumers to cut their spending, but Coca-Cola is among the packaged food makers enjoying steady demand. Chief Executive Zoran Bogdanovic told Reuters its factories in Russia had reduced operations and it had cut jobs in double digits. Swiss-headquartered HBC's portfolio ranges from alcoholic beverages such as Jack Daniel's to carbonated drinks Sprite and Monster Energy to Bambi biscuits and wafers.