Egypt.. A significant disaster for the Coca-Cola Firm that will result in its closure

Egypt – Coca-Cola Hellenic Egypt, a beverage and meals manufacturing firm, filed a grievance with the federal government concerning the cessation of carbon dioxide manufacturing within the factories of the Abu Qir Fertilizer Firm.

Abu Qir Fertilizers Firm stopped working, which resulted within the cessation of all the corporate’s manufacturing strains, together with Manufacturing Plant No. 2 for fertilizer manufacturing, which produces carbon dioxide gasoline.

Based on the “Cairo 24” web site, the corporate mentioned in its grievance that stopping supplying factories with carbon dioxide would result in the cessation of Coca-Cola’s 5 factories, together with 6,500 staff, in addition to the cessation of manufacturing in all beverage and mushy water firms and factories in Egypt, which might lead to enormous losses. For this business, particularly with the start of the summer season season, it should additionally have an effect on exports as a result of lack of adequate product for export contracts.

In a associated context, Coca-Cola Egypt, a subsidiary of Coca-Cola Worldwide, raised plenty of costs of soppy drinks, together with cans and plastic and glass containers, by a big share starting from 1.75 kilos to 2.75 kilos, earlier than Eid Al-Adha, in which there’s a excessive demand for mushy drinks.

Coca-Cola Egypt determined to extend the worth of 250 ml Schweppes Gold cans to 13.5 kilos, in addition to Coca-Cola Zero cans and cans.

Supply: Cairo 24