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Coca Cola Investing 11 million euros in Greece's Production

coca colaThe Coca-Cola company has announced that it will perform significant investments during 2014, within the frame of its strategic commitment for the company’s presence in Greece’s market.
In a related announcement, the company will take actions in order to achieve improvement in production. The company’s goal is to boost the efficiency of its profit units which continue producing 98 percent of its products distribution in the Greek market.
Within the next few months, Coca-Cola will invest 3 million euros in Egio’s, western Greece, production. Egio’s unit is also producing Avra mineral water.
In Schimatari Voiotias, the company will invest 8 million euros aiming for better management of energy and water resources. It is worth mentioning that within the past four years, investments of about 18 million euros have been made in Schimatari’s unit.
The unit in Volos, central Greece, remains one of the most significant production units of the Company in Greece. More specifically, the Volos unit produces 84 percent of the refreshments in glass bottles. What is more, the same unit has a significant production of canned refreshments covering 29 percent of the total production intended to meet the needs of the Greek as well as foreign markets.
In addition, Coca-Cola continues its production activity in Heraklion, Crete, which consists of one of the largest industries on the island. Through the Cretan unit, the company contributes significantly to the economic and business development there, meeting the needs in refreshments of the island and the rest of the country.

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