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:

VIII Financial Sphere Awards
Sberbank Ranked #56 In the Annual Forbes' Global 2000 List
Sberbank Carried Out Russias First Payment Transaction Using Blockchain Technology
Sberbank Will Protect Settlements Between Buyers and Sellers
MegaFon Launched Commercial Exploitation Of a High-speed LTE Network
23.08.2017 .
comments powered by Disqus

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

Flowers Delivery

search on the map
Optics Museum  Vandalism  Archeology  Partizansk  corruption  Russian tourism  Russian national anthem  the Urals region  Russian Railways  Fabio Capello  social behaviour  National Bestseller  Russian weather  Fairy-tales  State Historical Museum  biology  Ermolino Airport  FIFA  Mercedes-Benz Fashion Week Russia  Lipetsk   Orthodoxy  Selitrennoye  Russian Photographers  Russian libraries  Russian history  Unusual Monuments  Astrakhan  Tver region  Russian Standard Bank  Russian Literature  Buddhism in Russia  Empresses of Russia  Biography  Arkhangelsk Region  Pyotr Yershov  Russian Cinema  Barrows  crisis  freedom of press in Russia  Russian human rights activists  suburban trains  Russia in space  Russian business  Russian Nature  Urban Landscapes  Painting  Russian oil and gas industry  Moscow  Alexander Sokurov  Exhibitions in Moscow 

Travel Blogs
Top Traveling Sites