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:

Russian Textile Week 2017
15.08.2016
The Art Of the Brick Exhibition
19.04.2017
The Bank of Russia Revoked the License Of Several Banks
30.10.2016
Capital Outflow From Russia Decreased
12.07.2016
Dollar Rate May Rise to 63-64 Roubles
16.04.2017



comments powered by Disqus




Comment on our site


RSS   twitter   facebook   submit

Bookmark and Share

Russian Parliament in Action

search on the map
TAGS:
Republic of Buryatia  Russian tourism  Russian resorts  Archeology  Baikonur  Russian regions  Moscow parks  Theatre Festivals  AvtoVAZ   Leninsk-Kuznetsky  Russian famous people  Leo Tolstoy  Fires  incident  Krasnoyark Territory  Smolensk  Innovations  Best City in the World  Anzhi Makhachkala  Krasnodar region  Russian history  StartTrack  Lidiya Verkhovskaya  bicycle  movies  Sergey Rachmaninov  Sergey Shekhovtsov  Russian taxes  Krasnoyarsk  Russian Literature  flavor enhancer  Painting  Hermitage Museum  Anadyr  Ermolino Airport  Mercedes-Benz Fashion Week Russia  aircraft  Football  Zakamensk  Moscow  Moscow International Film Festival  Different Space Festival of Contemporary Music  Exhibitions in Moscow  Russian business  Saint Petersburg Museums  Russian Cinema  Alisher Usmanov  music  Pavlovsky Posad  New Year holidays 


Travel Blogs
Top Traveling Sites