Hundreds of workers at Coca-Cola Amatil's warehouses around the country will cop a pay freeze and new hires will receive pay of 38 per cent less to do the same job under new pay deals that provide a stark warning of the pressure on wages across the economy.
After grabbing a stake in Keurig earlier in the year, Coca-Cola has secured a 16.7% equity stake in energy giant Monster.
Coca-Cola will make a net cash payment of $2.15 billion to Monster.
At a meeting between the Sindicato da Alimentação de Limeira/SP (Food Workers' Union) and Coca-Cola/Femsa workers, Cosmópolis/SP unit, the signature of the 2014/2015 collective bargaining agreement was approved.
Coca-Cola Hellenic Bottling Company has released its Q2 and H1 results.
Half-year net profits jump by 45.2% to EUR95.1m (US$127.1m)
Sales in six months to end of June slip by 5.9% to EUR3.18bn
H1 operating profits climb by 22.5% to EUR164.1m
Second-quarter net profits leap by 49.5% to EUR134.4m
Sales in three months to end of June drop by 5% to EUR1.9bn
Q2 operating profits rise by 33% to EUR193.3m
Coca-Cola HBC has warned that 2014 will be a difficult year.