Coca-Cola Hellenic Bottling Company
File:Coca-Cola HBC logo.svg | |
Company type | Public |
---|---|
LSE: CCH | |
Industry | Beverage |
Founded | 2000 |
Key people | Zoran Bogdanovic (CEO) |
Products | Soft drinks, Juices, Water, Energy drinks |
Revenue | €7.02 billion (2020) |
€672 million (2020) | |
€414 million (2020) | |
Number of employees | 28,000 (2020) |
Website | coca-colahellenic.com |
Coca-Cola Hellenic Bottling Company (Coca-Cola HBC) is one of the largest bottlers of The Coca-Cola Company's products. It operates in 28 countries, serving a population of approximately 600 million people. The company is headquartered in Zug, Switzerland.
History[edit | edit source]
Coca-Cola HBC was established in 2000 through the merger of the Hellenic Bottling Company and Coca-Cola Beverages. The Hellenic Bottling Company was originally founded in 1969 in Greece. The merger created one of the largest bottlers of Coca-Cola products in the world.
Operations[edit | edit source]
Coca-Cola HBC operates in three segments: Established markets, Developing markets, and Emerging markets. The company produces, sells, and distributes a wide range of non-alcoholic beverages, including carbonated soft drinks, juices, water, sports drinks, and energy drinks.
Established Markets[edit | edit source]
The established markets include countries such as Austria, Italy, and Switzerland. These markets are characterized by high per capita consumption of Coca-Cola products and a stable economic environment.
Developing Markets[edit | edit source]
Developing markets include countries like Poland, Hungary, and Czech Republic. These markets are experiencing growth in the consumption of non-alcoholic beverages and have a growing middle class.
Emerging Markets[edit | edit source]
Emerging markets include countries such as Russia, Nigeria, and Ukraine. These markets have high growth potential due to increasing urbanization and rising disposable incomes.
Products[edit | edit source]
Coca-Cola HBC's product portfolio includes a variety of beverages:
- Coca-Cola
- Coca-Cola Zero Sugar
- Fanta
- Sprite
- Schweppes
- Powerade
- Monster Energy
- Minute Maid
- Nestea
- Römerquelle
- Avra
Sustainability[edit | edit source]
Coca-Cola HBC is committed to sustainability and has set ambitious goals to reduce its environmental impact. The company focuses on areas such as water stewardship, energy efficiency, and sustainable packaging. Coca-Cola HBC aims to achieve net-zero emissions by 2040.
Awards and Recognition[edit | edit source]
Coca-Cola HBC has received numerous awards for its sustainability efforts and business performance. It has been included in the Dow Jones Sustainability Index and has received the European Business Award for Environmental and Corporate Sustainability.
See Also[edit | edit source]
References[edit | edit source]
External Links[edit | edit source]
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Contributors: Prab R. Tumpati, MD