company news/strategies

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Coca-Cola Hellenic to end production at 2 Greek units

Coca-Cola Hellenic , Coca-Cola's No.2 bottler worldwide, is to stop production at two of its five plants in Greece as part of cost cuts to deal with a protracted recession.

Bottler Andina absorbs Coca Cola Polar

On February 2, in Santiago, Chile, Andina Bottling signed a memorandum that includes the merger by absorption of the operations of Coca Cola Polar through a share exchange. Thus, the Andina bottler established itself as one of the largest bottlers in the region.
 

Poland: Coca-Cola factory in Lodz closes

January 25, Solidarnosc representatives signed an agreement with Coca-Cola Hellenic Polska about conditions of compensation for workers to be dismissed as a consequence of the plant closure in Lodz. Depending on seniority, workers will get between 3 and 10 monthly salaries of compensation plus a number of social benefits.

Latin America: Will Arca and Continental Merger trigger plant closures?

According to news agencies, Embotelladoras Arca and Grupo Continental announced May 20 that their merger, announced in January, was approved at the Shareholders’ Meetings of both companies.

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