Add to favorite
 
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

Coca-Cola to Invest $ 3 bln into Russia
27.09.2011 10:58
Coca-Cola to Invest $ 3 bln into Russia

The American company Coca-Cola intends to invest $ 3 bln into the Russian economy for the nearest five years. This was claimed by the Head of the company Muhtar Kent, reports Reuters. According to the agency, Coca-Cola has already spent $ 3 bln for the all time of its presence in the Russian market.

      
In spite of considerable growth of investments into Russia, Coca-Cola is going to invest even more into China, about $ 4 bln.

      
 Coca-Cola connects its development in Russia with the Sochi Olympic Games 2014. On September 26 its subsidiary Coca-Cola Helleni has launch a plant in Rostov region, which will supply the drinks to the Olympics. The company spent about $ 120 mln for the plant. It can produce 450 mln litters of drinks a year.

      
In Russia Coca-Cola owns not only soft drinks bottling plants, but also juice production. The American company owns the company Nidan, which produces branded juices Moya Semya (My Family), Da! (Yes!) and others.

      
Pepsi, the main Coca-Cola rival, also invests into Russian economy. In 2009 Pepsi was reported to increase its investments into Russia by $ 1 bln, what would make up $ 4 bln in total.

Author: Irina Fomina

Tags: Russian business invest Sochi   

Next Previous


You might also find interesting:

The X-Cart E-commerce Platform from Ulyanovsk will be Merged with the American SellerLabs Company
28.11.2019
Roskomnadzor has Blocked the Service for the Delivery of Goods from Foreign Online Shops
05.08.2019
CEO of Lamoda Invested in Russian Cosmetics Company Blom
11.03.2020
Tochka Bank Launches Assistance Fund for Affected Entrepreneurs
20.04.2020
Restaurant Business Turnover Fell by 30-90%
19.03.2020







Comment on our site


RSS   twitter   facebook   submit

Bookmark and Share

search on the map
TAGS:
Night Moscow  Russian Cinema  Sochi medals  investment  Exhibition Fairs  Moscow Stock Exchange  Kirov  Arkhangelsk region  New Year celebrations  Festivals in Moscow  Kargopol  Bolshoi Theatre  travel to Russia  Russian Grain Union  Russian tourism  Free Events  Russian history  Ildar Abdrazakov  Multimedia Art Museum  Moscow  State Literature Museum  Cheesefare Week   Kolyma  Amur Region  Street Art  Andrei Rublev  Russian directors  Russian business  Exhibitions in Moscow  St. Petersburg  Uralkaliy  Sochi Olympic Games 2014  Tula Region  Alzheimer's Disease  Synagogues  tourist police  Cryptocurrency  Travel  Vandalism  Maksim Dunayevsky  Mercedes-Benz Fashion Week Russia  Online Events during Quarantine  Rock'n'roll  Russian regions  Viktor Vasnetsov  Russian International  SPIMEX  Eudoxia Luchezarnova  Russian oil  Events in Moscow 


Travel Blogs
Top Traveling Sites