FDBusiness.com

Tag "Coca-Cola Hellenic"

Coca-Cola Hellenic Cuts CO2 Emissions at its Ukraine Plant

    Coca-Cola Hellenic Cuts CO2 Emissions at its Ukraine Plant

Coca-Cola Hellenic has inaugurated advanced energy-efficient power generating capacity at its plant in Ukraine that will reduce CO2 emissions by more than 40% and will increase energy efficiency by more than 32% versus traditional power generation. The Combined Heat and Power (CHP) plant, which is located at the Coca-Cola Hellenic bottling facility in Kyiv region, […]

Read Full Article

Coca-Cola Hellenic Proposes Recapitalisation Measures

    Coca-Cola Hellenic Proposes Recapitalisation Measures

Coca-Cola Hellenic is proposing a capital return to its shareholders of €0.34 per share. The proposal comprises a decrease in the par value of the company’s shares by approximately €125 million or €0.34 per share which will be paid to shareholders. The proposed transaction will be financed from the cash position of the company and […]

Read Full Article

Coca-Cola Hellenic Announces Changes to Internal Corporate Structure

    Coca-Cola Hellenic Announces Changes to Internal Corporate Structure

Reflecting the economic uncertainty in Greece, Coca-Cola Hellenic plans to make certain changes to its corporate structure, subject to regulatory approval and approval by shareholders at the annual general meeting on 25 June 2012. Under the proposals Coca-Cola Hellenic’s Greek operating assets and liabilities will be transferred to a wholly-owned subsidiary of Coca-Cola Hellenic in […]

Read Full Article

Coca-Cola Hellenic Restructures Greek Business

    Coca-Cola Hellenic Restructures Greek Business

Coca-Cola Hellenic is to close two of its five production plants in Greece in a bid to cut costs and adjust to falling sales. The company’s sales volumes in Greece declined by 12% in 2011, impacted by the ongoing recession and austerity measures in the country.
Coca-Cola Hellenic is shutting its bottling plants in Thessaloniki and […]

Read Full Article

Annual Profits Plunge at Coca-Cola Hellenic

    Annual Profits Plunge at Coca-Cola Hellenic

Coca-Cola Hellenic has reported a 1% growth in net sales revenue to Eur8.85 billion for 2011 but volumes fell by 1%. Despite overall volume and net sales revenue remaining similar to the previous year, the continuing adverse impact of commodity costs and persisting economic challenges across most of the group’s territories, combined with unfavourable country […]

Read Full Article

Coca-Cola Hellenic Appoints New Chief Financial Office

    Coca-Cola Hellenic Appoints New Chief Financial Office

Athens-based Coca-Cola Hellenic, the world’s second-largest bottler of products of The Coca-Cola Company, has announced that its chief financial officer, Robert Murray, will resign from the group to return to his native USA during 2012. Michalis Imellos, currently general manager of Coca-Cola Hellenic inRomania & Moldova will succeed Robert Murray in the position as chief […]

Read Full Article

Heineken and Coca-Cola Hellenic Increase Stake in Pivara Skopje

    Heineken and Coca-Cola Hellenic Increase Stake in Pivara Skopje

Heineken and Coca-Cola Hellenic have acquired 41.2% of the minority shares in their joint venture company, Pivara Skopje, in the Former Yugoslav Republic of Macedonia (FYROM) for €79.1 million (excluding acquisition costs). Coca-Cola Hellenic and Heineken now collectively own 96.5% of the shares in Pivara Skopje.
 
Pivara Skopje was established in 1924. In 1998 Coca-Cola Hellenic […]

Read Full Article

Heineken and Coca-Cola Hellenic Extend Stake in Macedonian Joint Venture

    Heineken and Coca-Cola Hellenic Extend Stake in Macedonian Joint Venture

Heineken and Coca-Cola Hellenic are acquiring 41.2% of the shares in Pivara Skopje, their joint venture beverage company in the Former Yugoslav Republic of Macedonia (FYROM). The shares are currently owned by various minority shareholders. The total consideration for the transaction is Eur79.1 million, to be equally divided between Heineken and Coca-Cola Hellenic.
 
The transaction is […]

Read Full Article

Coca-Cola System to Invest $3 Billion in Russia

    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 […]

Read Full Article

Coca-Cola Hellenic in Dow Jones Sustainability Indexes For 4th Consecutive Year

    Coca-Cola Hellenic in Dow Jones Sustainability Indexes For 4th Consecutive Year

Coca-Cola Hellenic, one of the world’s largest bottlers of products of The Coca-Cola Company, has been included for the fourth consecutive year in the Dow Jones Sustainability Indexes (DJSI), the premier global sustainability benchmark. The DJSI are based on an analysis of the economic, environmental and social performance of the world’s 2,500 largest companies measured […]

Read Full Article

Interim Profits Plunge at Coca-Cola Hellenic

    Interim Profits Plunge at Coca-Cola Hellenic

The adverse impact of commodity costs and continued economic challenges in certain key markets, have resulted in a 23% decline in comparable EBIT to Eur249m at Coca-Cola Hellenic for the first half ended July 1st 2011, despite a 3% increase in net sales to Eur3.37b, and a similar rise in volume. Comparable net profit dropped […]

Read Full Article

Coca-Cola Hellenic Contributes to Increased PET Bottle Collection Rates in Europe

    Coca-Cola Hellenic Contributes to Increased PET Bottle Collection Rates in Europe

The amount of PET plastic bottles collected for recycling across Europe last year rose by more than 6% to reach almost 1.5 million tonnes, according to a report commissioned by two industry bodies. European PET container body Petcore and plastics recycling association EuPR said European post-sorting PET collection increased to 1.45 million tonnes in 2010, […]

Read Full Article

New Head For Coca-Cola Hellenic

    New Head For Coca-Cola Hellenic

Dimitris Lois has succeeded Doros Constantinou, who is retiring, as chief executive of Coca-Cola Hellenic. Mr Lois joined Coca-Cola Hellenic in March 2007, when he was appointed region director with responsibility for several of Coca-Cola Hellenic’s key markets including Bulgaria, Cyprus, Greece, Moldova, Nigeria and Romania.
In July of 2009 Mr Lois was appointed chief operating […]

Read Full Article

Coca-Cola Hellenic to Retain Greek Headquarters

    Coca-Cola Hellenic to Retain Greek Headquarters

Athens-based Coca-Cola Hellenic, one of the largest Coca-Cola bottlers globally, has denied recent media speculation regarding its potential relocation. Coca-Cola Hellenic has been bottling and selling its products in the Greek market since 1969. The group maintains its headquarters in Greece from where a multi-national senior management team directs its operations in 28 countries. Its […]

Read Full Article

Coca-Cola Hellenic Achieves CRS First in European Food and Beverage Industry

    Coca-Cola Hellenic Achieves CRS First in European Food and Beverage Industry

Coca-Cola Hellenic, one of Europe’s leading bottlers of non-alcoholic beverages, has further strengthened the rigorous reporting and verification of its Corporate Social Responsibility (CSR) activities across operations in 28 countries. Coca-Cola Hellenic is the first European food and beverage company to reach an ‘A+’ rating, according to the Global Reporting Initiative (GRI) for its CSR […]

Read Full Article

Leadership Change at Coca-Cola Hellenic

    Leadership Change at Coca-Cola Hellenic

Coca-Cola Hellenic Bottling Company has appointed Dimitris Lois to succeed Doros Constantinou, who will be retiring as the group’s chief executive later this year. To ensure a seamless transition the appointment will take effect in the third quarter of 2011.
“We have accomplished a great deal over the past eight years and I am convinced that […]

Read Full Article

Solid Performance by Coca-Cola Hellenic

    Solid Performance by Coca-Cola Hellenic

Greece-based soft drinks group Coca-Cola Hellenic increased volume sales by 1% in 2010 to 2.1b cases and net revenue by 4% to Eur6.79b. On a comparable basis (excluding restructuring costs), operating profit (EBIT) rose 5% to Eur682m and net profit advanced 8% to Eur450m. Free cash flow of Eur549m was stable compared to 2009.
During 2010, […]

Read Full Article

Coca-Cola Hellenic is Finalist in Platts Energy Industry Awards

    Coca-Cola Hellenic is Finalist in Platts Energy Industry Awards

Coca-Cola Hellenic has been recognised as a leader in energy efficiency, by becoming a finalist at the 12th annual Platts Energy Industry Awards, in New York. This year’s awards attracted over 200 entries from over 30 countries with Coca-Cola Hellenic the only Greek company represented.
Coca-Cola Hellenic was a finalist alongside extremely stiff competition in the […]

Read Full Article

Coca-Cola Hellenic Maintains Position as a Global Sustainability Leader

    Coca-Cola Hellenic Maintains Position as a Global Sustainability Leader

Coca-Cola Hellenic has been recognised for its continuing commitment to embedding Corporate Social Responsibility into its operations across 28 countries by achieving listings on the Dow Jones Sustainability Index (DJSI) and the DJSI Europe Index for the third consecutive year. The company is one of only four beverage producers worldwide to be included in the […]

Read Full Article

Coca-Cola Hellenic Opens New €130m Irish Facility

    Coca-Cola Hellenic Opens New €130m Irish Facility

Coca-Cola Hellenic Bottling Company’s Irish business has officially opened a new energy efficient bottling plant, computerised warehouse, and community-focused visitors centre at Knockmore Hill, County Antrim, Northern Ireland. The €130 million facility employs 600 people and has the capacity to produce a wide range of non-alcoholic beverages for delivery throughout the entire island of Ireland.
The […]

Read Full Article

Interim Profits Stable at Coca-Cola Hellenic

Coca-Cola Hellenic, which is one of the largest bottlers of Coca-Cola products in the world and the biggest in Europe, has reported stable net profit of Eur201m for the six months ended 2nd July 2010, despite a tax charge of Eur21m related to the ‘Extraordinary Social Contribution Tax’ in Greece, imposed as part of the […]

Read Full Article

Two Coca-Cola Hellenic Businesses in World’s Top 3 Sustainable Development Groups

    Two Coca-Cola Hellenic Businesses in World’s Top 3 Sustainable Development Groups

Coca-Cola Hellenic operations in Ukraine and Serbia are members of business groups which have been named as being among the top three performers in the world under the United Nations Global Compact (UNGC) local network programme.
The UNGC is a strategic policy initiative for businesses which are committed to aligning their operations and strategies in respect […]

Read Full Article

Coca-Cola Hellenic to Take Full Control of Serbian Operation

Coca-Cola Hellenic Bottling is purchasing all shares in Coca-Cola HBC Serbia that it does not currently own for Eur16.9m. Coca-Cola Hellenic indirectly controls 89.1% of the shares of Coca-Cola HBC Serbia.
With sales of more than 2 billion unit cases Coca-Cola Hellenic is one of the world’s largest bottlers of Coca-Cola products. It has broad geographic […]

Read Full Article

Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • October 1, 2019PPMA Total Show
  • October 17, 2019Future Food-Tech
  • November 18, 2019Plastics Caps and Closures Conference 2019
AEC v1.0.4

Jobs: Food Packaging

Jobs: New Product Development

Jobs: Finance

Jobs: Project Management

Jobs: Logistics

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber

Subscribe Here



Advertisements