Coca-Cola Hellenic Bottling Company

Athens-listed Coca-Cola Hellenic Bottling Company has announced the acquisition of Finlandia vodka from Brown-Forman Finland, for $220 million.

Founded in 1970, Finlandia is a leading vodka brand in Central and Eastern Europe with annual volumes of 2.7 million nine-liter cases worldwide, of which more than 60% is produced within the Coca-Cola HBC geographical footprint.

Soft drink bottler Coca-Cola Hellenic Bottling Company AG said on Thursday it will launch Costa Coffee products in several markets next year, months after Coca-Cola Co bought the cafe chain from Whitbread in a $5.1 billion deal.

Coca-Cola European Partners chose Varna for the location of its newest financial office. It will be open in May 2019, with over 90 jobs open. The new jobs in Varna will complement the 700 existing positions that the Coca-Cola European Partner team has in Sofia.

Drinks maker Coca-Cola Hellenic Bottling Company reported higher-than-expected full-year sales and profits on Wednesday, as improving economic conditions boosted sales volumes and prices.

The company, which sells Coca-Cola drinks in 28 countries mostly in Europe, said it expected the improvement to continue this year with "further economic growth and healthy inflation."