Monday, August 24, 2015

Coca-Cola announces it will invest $ 4 billion in China

The American multinational Coca-Cola has announced that it will invest $ 4 billion in its operations in China over the next three years, reported Saturday the official newspaper "China Daily".
The President and Chief Executive of the company, Muhtar Kent, made this announcement during the inauguration of a new Coca-Cola factory in the Chinese province of Hebei, neighbor to Beijing.
Kent noted that China is to your company the third largest global market, which is growing in this country is of vital importance to the future development of Coca-Cola.
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Since his arrival in the Chinese market in 1979 until 2014, the company based in Atlanta, in the southeast of the United States, had invested $ 9 billion in the country.
The brand opened on Friday in the city of Xianghe, in Northern Hebei province, a factory which represents an investment of $ 56 million, with capacity to produce 250 million units annually.
In the second quarter of 2015 sales of Coca-Cola in the Asian giant rose by 6% with respect to the same period last year.
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