Russian Federation
Coca-Cola Rostov Bottlers
$23.1 million
Manufacturing
Project Brief
Not Active
MIGA issued $23 million in coverage to Efes of Turkey for its equity investment in Coca-Cola Rostov Bottlers Closed Joint Stock Company. The project is a joint venture with TOO VOGAS, a privately held Russian company. MIGA's guarantee covers the investment against the risks of expropriation and war and civil disturbance.
The project will bottle and distribute Coca-Cola products in the region using modern production and distribution techniques. Downstream businesses, including local transporters and merchants, will benefit. The project enterprise will create about 300 new jobs and provide training in the polyurethane production process.