Soft drinks

Turkish parliament removes brands from menu over alleged Israel support

Turkey's parliament has removed Coca Cola and Nestle products from its restaurants over their alleged support for Israel amid the conflict in Gaza, according to a parliament statement and a source who named the two companies.

The two companies did not immediately respond to a request for comment.

CCHBC buys Finlandia vodka

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.

CCHBC revenue up 22.2% in Q1

Coca-Cola HBC on Wednesday announced higher organic revenue growth of 22.2% in the first quarter, excluding Russia and Ukraine.

The company said that a price mix led revenue growth as it took decisive actions to mitigate cost inflation.

Volume growth in sparkling, energy and coffee drinks was offset by declines in stills, driven by an anticipated weakness in water.

Coca Cola 3E to invest 75 million euros in 2022 – 2023

Coca-Cola 3E is "running" an investment plan of 75 million euros for the 2022-2023, and this is cause for optimism according to Ms. Maria Anargyrou-Nikolits, general manager of the company for Greece and Cyprus, despite the adversities due to inflationary pressures, the energy crisis and the problems of the supply chain.

Investments

Shop offers more than 100 brands of soda pop

A shop in Istanbul is offering 120 different kinds of soda pops, attracting customers from all over the country.

Entrepreneur Mustafa Saklı opened his business, which flourished over the years, in 2015 in Istanbul's Vefa quarter.

When he first opened his store, his intention was to sell local products from different parts of the country.

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