icon bookmark-bicon bookmarkicon cameraicon checkicon chevron downicon chevron lefticon chevron righticon chevron upicon closeicon v-compressicon downloadicon editicon v-expandicon fbicon fileicon filtericon flag ruicon full chevron downicon full chevron lefticon full chevron righticon full chevron upicon gpicon insicon mailicon moveicon-musicicon mutedicon nomutedicon okicon v-pauseicon v-playicon searchicon shareicon sign inicon sign upicon stepbackicon stepforicon swipe downicon tagicon tagsicon tgicon trashicon twicon vkicon yticon wticon fm
11 Feb, 2009 12:08

Coca-Cola says Russia is set to become one its top five global markets

Coca-Cola says Russia is set to become one its top five global markets

Zoran Vucinic, President of Coca Cola Russia, Ukraine and Belarus, speaking with Business RT, claims Russia will leap from its current 12th place globally by volume as early as 2014.

The firm's regional head also revealed details to build a new bottling plant in Southern Russia this spring. But with demand falling in the financial crisis, its will start with reduced capacity.

“We are continuing to build this cathedral that we want to build, and part of that is a plant in Rostov. The numbers are a little bit shifting. Definitely we're starting up, but we will now size it to what we think the volume will be. In five to ten years we hope, if we do things right, to be over time to be in the top five worldwide. Simply the size of the market suggests that, so the question is not if but when.”

Podcasts
0:00
26:13
0:00
24:57