Coca-Cola, bottler plans to invest $3B in Russia

Coca-Cola Co. and Coca-Cola Hellenic Bottling Co. SA, plan to invest $3 billion in Russia over the next five years as part of an ongoing push into emerging markets.
 
Coca-Cola, the world’s largest soft drink maker, has been investing in emerging markets in order to expand its presence there. The Atlanta company gets about three-quarters of its revenue from overseas, with emerging markets among its fastest-growing components.
 
The $3 billion investment will occur from 2012 to 2016.
 
Coca-Cola and Coca-Cola Hellenic, the world’s second-biggest Coke bottler, announced the investment during the opening of a new Coca-Cola plant in Russia’s Rostov region.
 
Coca-Cola said Monday that it is working with its bottling partners to invest almost $30 billion over the next five years to support anticipated growth across the business.