Coca-Cola to start energy generation in one year

Coca-Cola Hellenic Bottling Company (CCHBC) will complete construction of its first electricity generating facility in the first quarter of 2009, in Ploiesti, with its second investment, in Timisoara, to be completed by the end of next year. Company representatives say the feasibility study has been completed in Ploiesti, with the actual construction to start shortly. The intention of the soft drinks producer is to have the energy needs of its 5 local plants covered by its own means. The investment in the two facilities amounts to 30 million euros, with each power station to have an installed capacity of 20 MW, a low capacity, compared with the around 1,000 MW projects announced by several companies on the local market.