Muhtar Kent, chairman and CEO of The Coca-Cola Company, and George David, chairman of Coca-Cola Hellenic Bottling Company, officially opened Coca-Cola Hellenic’s newest plant in Europe, located in the Rostov region of Russia.
Muhtar Kent said: “This investment underscores the Coca-Cola system’s long-term strategy of investing in Russia. The Coca-Cola Company along with our bottling partner, Coca-Cola Hellenic, will invest in Russia more than US$3bn in five years from 2012 to 2016.”
The opening of the Rostov plant is part of the successively implemented strategy of the companies of the Coca-Cola system, whose cumulative investments in the Russian economy now amount to more than US$3bn in total.
The investment into the Coca-Cola Hellenic Rostov facility, which has a production capacity of 450 million litres of beverages per year and located within a 26.5 hectare area, has already amounted to over US$120m.
The opening of the Coca-Cola Hellenic plant in Rostov region was also commemorated by the launch of the limited edition Coca-Cola can bearing the Sochi 2014 logo.
Dmitry Chernyshenko, president and CEO of the Sochi 2014 organising committee, said: “The launch of the new Coca-Cola plant demonstrates the fact that the Olympic Games in Sochi have become a catalyst of the economic growth of the Russian South. Coca-Cola shares two major ideals of the Sochi 2014 organising committee – innovation and sustainability. The plant is equipped with the most advanced technologies, and I believe that in 2014 we are going to be thirsty but only for Olympic victory.”
Source: Coca-Cola Hellenic
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