Athens – 03 June 2011 - Coca‑Cola Hellenic Bottling Company S.A. (“Coca‑Cola Hellenic”, the “Group”, the “Company”), at the request of the Hellenic Capital Markets Commission, announces that recent media speculation regarding its potential relocation is unfounded.
Coca‑Cola Hellenic has been bottling and selling its products in the Greek market since 1969, making a significant contribution to the development of the Greek economy. The Group, which is today one of the largest Coca‑Cola bottlers globally, maintains its headquarters in Greece from where a multi-national senior management team directs its operations in 28 countries. Its shares have their primary listing on the Athens Stock Exchange with secondary listings on the New York Stock Exchange and the London Stock Exchange.
The recent announcement concerning the establishment of a shared services center in Bulgaria to consolidate back-office functions in the areas of Human Resources and Finance (e.g. personnel administration) relates not only to Greece but to the majority of its 28 countries. It is aimed at achieving process standardization and operational efficiencies in these areas in line with similar initiatives undertaken by many other multinational groups.
Mr. Doros Constantinou, Chief Executive Officer of Coca‑Cola Hellenic noted: “Greece is an important market for the Group. Despite the current difficult operating environment, our key aim in Greece is to constantly improve our competitiveness and efficiency in order to continue to offer high quality products to our local consumers”.
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About Coca‑Cola Hellenic
Coca‑Cola Hellenic is the second-largest bottler of products of The Coca‑Cola Company in terms of volume with sales of more than 2 billion unit cases. It has broad geographic footprint with operations in 28 countries serving a population of more than 560 million people. Coca‑Cola Hellenic offers a diverse range of ready-to-drink non-alcoholic beverages in the sparkling, juice, water, sport, energy, tea and coffee categories. Coca‑Cola Hellenic is committed to promoting sustainable development in order to create value for its business and for society. This includes providing products that meet the beverage needs of consumers, fostering an open and inclusive work environment, conducting our business in ways that protect and preserve the environment and contribute to the socio-economic development of our local communities.
Coca‑Cola Hellenic‘s shares are listed on the Athens Exchange (ATHEX: EEEK), with a secondary listing on the London Stock Exchange (LSE: CCB). Coca‑Cola Hellenic’s American Depositary Receipts (ADRs) are listed on the New York Stock Exchange (NYSE: CCH). Coca‑Cola Hellenic is included in the Dow Jones Sustainability and FTSE4Good Indexes. For more information, please visit www.coca-colahellenic.com.