Coca-Cola System to Invest $3 Billion in Russia
The Coca-Cola Company and its bottling partner, Coca-Cola Hellenic, have announced a new Russian investment programme of $3 billion over the next five years, commencing 2012. The announcement was made at the official opening of Coca-Cola Hellenic’s newest plant in Europe, located in the Rostovregion of Russia. Indeed,Russia is the largest marketplace in Coca-Cola Hellenic’s business, which incorporates operations in 28 countries, serving a population of more than 560 million people.
The Coca-Cola Company and Coca-Cola Hellenic have already cumulatively invested over $3 billion in Russia. Investment in the Coca-Cola Hellenic Rostov facility, which has a production capacity of 450 million litres of beverages per year, and is located within a 26.5 hectare area, has to date amounted to over $120 million.
