Contact: Mr Muhtar Kent, Chairman and Chief Executive Officer
The Coca-Cola Company is a manufacturer, distributor and marketer of non-alcoholic beverage concentrates and syrups, which it sells to bottling and canning operations, fountain wholesalers and some fountain retailers, as well as finished beverages, which it sells mostly to distributors.
Mr Muhtar Kent, Chairman and Chief Executive Officer:
"The Coca-Cola Company pursues a long-term strategy in Russia, a country with a great potential for becoming one of the world’s most powerful economies in the next 10 to 15 years. We consider Russia one of the most rapidly developing markets and our business here is currently growing at a double-digit rate. Our investments in the Russian economy are already paying off The leadership position we have achieved in this market is the result of our consistent and proactive investment policy combined with enthusiasm and loyalty of our team, successful cooperation with a strong bottler, the innovative policy towards our brands and our people, as well as our contribution to the development of the society we live and work in."
1980 Olympic water Coca-Cola appears in the USSR for the first time as an official drink of the 1980 Summer Olympics in Moscow.
Coca-Cola representative office opens in Moscow
1992 First plants Coca-Cola has not been directly involved in beverage production before, engaging independent bottlers instead. Yet, real ising the importance of the new market, the company buys the first production sites in Stavropol and Volgograd. The old Soviet plants are renovated and equipped with advanced production lines.
1994 The first plant built from scratch opens in Moscow 1994 – 1997 New plants built from scratch open nation wide over three year period including Saint Petersburg, Orel, Nizhny Novgorod, Krasnoyarsk, Samara, Yekaterinburg, Novosibirsk and Vladivostok.
Having succeeded in the Russian market, Coca-Cola introduces in Russia its traditional operation scheme used worldwide. All 11 of plants are sold to one of the company’s largest bottlers – Coca-Cola Hellenic (Greece), the European leader in soft drinks production.
The Coca-Cola Company in partnership with Coca-Cola Helenic buys Multon, the second largest juice producer in Russia.
Coca-Cola Hellenic acquires Aqua Visionin Davydovskoe, Istrinsky District of the Moscow Region.
The construction of a new plant in the Novoaleksandrovsky Industrial Park in Azovsky District, Rostov Regionl aunched (20 km from Rostov-on-Donу) Opened in 2010, the plant becomes the largest in Russia. The plant occupies an area of 26.5ha, its capacity is 450 million liters per year. The total amount of investment is $120 million.
Coca-Cola acquires Nidan (Moscow Region), one of Russia’s largest juice producers.