Coca-Cola Armenia intends to invest USD 15mln within three years

Yerevan /Mediamax/. General Director of “Coca-Cola Hellenic Bottling Company Armenia” CJSC Gagik Danielyan informed that in 2011-2013, the Company plans to invest USD 15mln.

Mediamax reports that Gagik Danielyan said this today at the meeting with Prime Minister of Armenia Tigran Sargsian. 

According to him, investments will be directed mainly to reequipment of the company, in particular, to purchase of new refrigerators and modernization of transport means. Refrigerators of the new type provide for 60% saving of electricity, they are safe in terms of environment pollution. 

Gagik Danielyan also noted that in 2011 the Company intends to secure 10% growth of production volumes. 

Head of the Company informed that in 2011, the company is celebrating its 15th anniversary, and Coca-Cola beverage is 125-years-old, in connection with which various events will be held in marzes of Armenia. 

As of today, “Coca-Cola Hellenic Bottling Company Armenia” produces 68 types of production, which is sold exclusively in Armenia. In 2010, the company produced 32mln liters of production, the proceeds made 10bln AMD. From the moment of the company’s establishment, the profit made 80bln AMD.