Coca Cola Hellenic Bottling Co.'s local subsidiary has been fined for breaching competition rules. Bulgaria's anti-monopoly watchdog has hit CCHBC Bulgaria with a 100,000 levs (US$65,189) fine after the company ran a raffle last year.

In a statement, the watchdog said that the company offered prizes such as cars, flats and DVDs in the raffle, whose value substantially exceeded its products' prices.

The regulator said in the statement: "The raffle took place in the summer when beverages consumption rises anyway. This had created an opportunity to distort demand and competition."