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Hungary -Prime minister signs strategic partnership with Coca-Cola -July 20, 2012

Prime Minister Orban signed a strategic partnership agreement with Coca-Cola HBC Magyarorszag at the soft drink producer’s base near the capital. The government is building a new economic model, and Coca-Cola will be among its beneficiaries, Mr Orban said. After signing the agreement, Orban inaugurated Hungary's highest-capacity canned drink production line. Coca-Cola's unit will supply the domestic market as well as markets in 20 other European countries. Mr Orban said Coca-Cola had spent more than HUF 100bn on investments and provided for the livelihood of 1,250 families. The unit's exports came to HUF 8bn last year. The HUF 2bn production line could double the company's export revenue. According to Coca-Cola managing director Jozsef Tarsoly the new line brings the plant's capacity to 350,000 units per hour.

Source: Maté Komiljovics

English: http://www.agribusiness.hu/article/682

 

This article was published in the Collective Bargaining Newsletter. It aims to facilitate information exchange between trade unions and to support the work of ETUC's collective bargaining committee. For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Mariya Nikolova mnikolova@etui.org. All rights reserved. The ETUI is not responsible for the content of external internet sites.

For previous issues of the Collective bargaining newsletter, please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. You may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net. © ETUI aisbl, Brussels 2012. To unsubscribe, please contact Mariya Nikolova.

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