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Coca-Cola: sales down in Romania last year


2010-02-09

In 2009 Coca-Cola Hellenic, the largest soft-drink producer on the Romanian market, reported a decline of 12% in full-year sales to €500m. The company cites the unfavourable economic climate, namely the introduction of new taxes, rising unemployment and declining personal income, as the reasons behind this decline.
In 2009 Coca-Cola reported revenues similar to those reported in 2008. Post-tax profits amounted to RON 243.7m (€66.2m), according to the Ministry of Finance.
Coca-Cola’s global sales fell by 6% year on year in 2009. Net profit, meanwhile, decreased less markedly than on the Romanian market, i.e. by 3% to €437m.
At present, Coca-Cola has three plants in Romania. These are located in the cities of Ploiesti, Timisoara and Poiana Negri. Last year the company closed down its bottling facility in Iasi and in 2008, its factory in Oradea was shut down.

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