Coca Cola Launch Plant in Russia to Supply Drinks to Sochi 2014

The Coca-Cola Company has launched a $120 million plant in south Russia to supply non-alcoholic beverages for the 2014 Winter Olympic Games in Russia’s host city of Sochi.

The plant, some 20 km from Rostov-on-Don, which will be the company’s fifteenth production facility in Russia, will have a capacity of 450 million decaliters of non-alcoholic beverages a year, the company said in a statement.

Muhtar Kent, Coca-cola Chairman and CEO, said: “Our system is part of the fabric of Russia’s economic development and we continue to invest in Russia to create jobs and stimulate growth across our supply chain. Today’s announcement underscores the Coca-Cola system’s long-term strategy of investing in Russia.”

The Coca-Cola Company along with its bottling partner, Coca-Cola Hellenic, will invest in Russia more than $3 billion from 2012 to 2016, Kent also said.