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TURKEY: Coca-Cola Içecek to enter Tajikistan

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Coca-Cola Içecek (CCI), the Turkey-based Coca-Cola bottler, is to set up a subsidiary in Tajikistan, the company said today (6 March).

The bottler said the site will be set up through its wholly-owned subsidiary Efes Invest Holland, which will initially invest US$900,000 into the project.

CCI said the company will be called CC Trade LLC but gave no further details about its functions or its locations in Tajikistan.

The investment marks the bottler's first move into the former Soviet state. CCI produces and distributes Coca-Cola and third-party beverages for Turkey and four other markets including Kazakhstan and Azerbaijan.

Coca-Cola owns a 36% stake in CCI with Anadolu Group owning a 51% majority interest in the bottler.


Sectors: Soft drinks, Water

Companies: Coca-Cola Içecek

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