Profit of "Coca-Cole" in Serbia in 2007 - 17.7m EUR; Company's market value - 21.3 billion RSD

Company “Coca Cola HBC” realized profit in amount of 1.4 billion RSD (17.7m EUR) in Serbia in 2007, which is 23% more than in 2006.

According to the data published on the web site of the Belgrade Stock Exchange, total incomes of that manufacturer of juices and water on Serbian market amounted to 12.7 billion RSD, while its expenses reached the amount of 11.3 billion RSD. Both incomes and expenses were increased by about 29% in 2007.

The price of single stock of "Coca Cola HBC" in Serbia at the end of April amounted to 5,999 RSD, while the market value of the company reached 21.3 billion RSD.

According to the data provided by the Central Securities Registry, the majority owner of "Coca-Cola" in Serbia with 89% of stocks is "Balkaninvest holdings". "Coca-Cola HBC" is present in Serbia since 1997 when it bought Industry of soft drinks in Belgrade.

According to the data on the company's web site, "Coca Cola HBC" has, so far, invested over 150m EUR in expansion and modernization of production and distribution. "Coca Cola HBC" has six distributive centers in Serbia and about 1,000 workers.

In addition to the unit with six production lines in Belgrade, Coca Cola also owns bottling unit "Vlasinka" where it bottles water "rosa" and, since 2006, it is the owner of Subotica-based company “Fresh&Co”, which produces juices "next" and "su-voće".