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.

Ljubljana/Kostel – The gaming company Elektronček Group, owned by entrepreneur Joc Pečečnik, has announced the acquisition of the company Costella. Costella’s owner, the Swiss company Agrokor, which is in liquidation, put the water bottling company, whose most valuable asset is a water extraction concession valid until 2035, up for sale at the end of last year.

Ljubljana – The Swiss company Agrokor, which is in liquidation, is soliciting interest in the purchase of the Costella water bottling company, whose most valuable asset is a water extraction concession valid until 2035. The first non-binding bids for the company are expected in the coming days, the newspaper Finance reported on Thursday.

The bottling company Coca-Cola HBK Bulgaria officially opened the expansion of its production base in Kostinbrod, which includes a new production line and additional storage area. The investment in the project amounts to EUR 20 million or BGN 40 million, which was announced two years ago.

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.

Cypriot company Hellenic Water is in advanced talks with Pepsico-Ivi for the acquisition of the latter's water bottling plant at Loutraki, near Corinth.

The local subsidiary of Pepsico is also in talks with a company outside the food and drink sector for the sale of its installations - offices and warehouses - at Koropi, east of Athens.

Coca-Cola Co named James Quincey chief operating officer, and said company veteran Ahmet Bozer, who had been seen as a possible successor to Muhtar Kent as CEO, would be leaving.

Quincey, 50, is a 19-year veteran of the company and most recently served as president of Coke's Europe Group. He fills a post vacated by Kent in 2008, effective immediately.

The chief financial officer of Greek refrigerator maker Frigoglass will take over as the new chief executive of the company after Torsten Tuerling resigned for personal reasons, Frigoglass said in a statement on Tuesday.

Drinks bottler Coca-Cola HBC AG said first-quarter sales volumes rose 7.2 percent, helped by four extra selling days versus last year, the earlier timing of the Easter holiday and a good performance in Nigeria, Poland, Romania, Hungary and the Czech Republic.