The world's largest soft drink producer Coca-Cola plans to invest some $1 billion in developing its production in Russia, the president of the company's Russia, Ukraine & Belarus Business Unit said on Wednesday.
Zoran Vucinic also said at an international forum in the city of Nizhny Novgorod on the Volga that by 2020 Coca-Cola is to double the volume of its business in Russia.
Nizhny Novgorod has hosted a Coca-Cola drink plant since 1996.
Coca-Cola, based in Atlanta, Georgia, sells its products in over 200 countries. The company entered the market of the Soviet Union in the late 1980s. In 2009, the company said it intended to expand its business in Russia.
NIZHNY NOVGOROD, October 27 (RIA Novosti)
Add to blog
You may place this material on your blog by copying the link.
We have witnessed the total defeat of western Ukraine, Western nationalists and the West in general, which made the unfortunate decision to support the anti-government activity. They failed to realize that the collapse of Yanukovych means the collapse of Ukrainian unity. They set fire to their own home and planted a time bomb under Ukraine’s territorial integrity.