According to reports, PepsiCo is planning to set up a regional office in Oslo which will cover the Nordic region, the Baltic states and the Ukraine. The new office is to be headed up by Paul Andersen who has been with PepsiCo for nine years, the last three as managing director of the company's Scandinavian operations. PepsiCo derives volumes of around 300 million litres from the nine countries to be covered by the new HQ.