Coca-Cola Hellenic will transfer production from its facility in Solin

Coca-Cola Hellenic will transfer production from its facility in Solin

Coca-Cola Hellenic Bottling Co is to cease production at a factory in Croatia, according to reports.

The Greek bottler will transfer production from the facility in Solin, near Split, to another that is yet to be named, Euro2day reported yesterday (31 January). The factory is only operating at "one-third of capacity", the publication said.

Production will cease in "the next few months", after which time the facility will be converted into a distribution centre, the Athens-based news site reported.

It is not known if any job losses will be made.

Coca-Cola Hellenic was not available for comment as just-drinks went to press.

In December, the company made a EUR94m (US$125.9m) offer for the shares of Nigerian Bottling Co (NBC) it does not already own. At the time, the firm held 66.4% of the total share capital of NBC.