Greece
Business
Coca Cola Forced to Stop Using Parthenon and Other Greek Symbols in Advertising
Greece's Communications Control Council has asked Coca Cola Hellas to cease its promotional campaign featuring depictions of the Parthenon, the Hellenic Parliament building and the White Tower of Thessaloniki within 30 days.
The Communications Control Council has taken the decision...
Business
Coca Cola HBC Announces Death of CEO Dimitris Lois
Coca‑Cola HBC has announced the death of its CEO, Dimitris Lois, on 2 October 2017 just weeks after announcing that he was taking a leave of absence for treatment for a medical condition.
In a statement today, Anastassis David, the...
Business
Coca Cola Investing 11 million euros in Greece's Production
The Coca-Cola company has announced that it will perform significant investments during 2014, within the frame of its strategic commitment for the company’s presence in Greece’s market.
In a related announcement, the company will take actions in order to achieve...
Greece
Militant Group Threatens Coca Cola and Nestle with Sabotage
The militant anarchist group FAI/IRF (Informal Anarchist Federation/International Revolutionary Front) sent an envelope on Tuesday to the offices of the newspaper Zougla, containing a USB drive and a 500ml Coca Cola bottle. The USB included a six-page declaration and a...
Economy
Coca Cola Hellenic to Switch Main Listing to London
Coca Cola Hellenic, the world΄s second-largest bottler of Coca-Cola Co. soft drinks and Greece΄s biggest firm by market value, said on Thursday it would switch its main bourse listing to London, where it hopes to tap more liquidity from...
Business
Coca-Cola Launches New Bottle Design Inspired by Crete's Minoan Civilization
Coca-Cola Greece has launched a bottle design celebrating the Greek island of Crete’s rich culture and history.
The design was inspired by Minoan civilization and Cretan mythology and uses the power of the world’s most recognized brand to promote Crete as...
Diaspora
Coca-Cola, Nokia and Delhaize Invest in Greece
On Tuesday it was announced that three multinational companies will be investing in Greece, thus helping the growth of the Greek economy and opening new job positions.
The decision for Coca Cola to establish a Consumer Interaction Network was taken...
Economy
Coca-Cola Hellenic Gets UK Approval for Share Swap Plan
A voluntary share exchange offer that will allow Greek Coke bottler Coca-Cola Hellenic (CCH) to move from Greece to Switzerland and list on the London Stock Exchange has been approved by the British authorities.
CCH said last year it would...
Economy
Coca-Cola Exit May Speed Greece’s Cut to Emerging Market
Coca-Cola Hellenic Bottling Co. SA (EEEK)’s decision to leave its home equity market in Athens for London increases the chance that Greece will be demoted to an emerging market next year, MSCI Inc. (MSCI) said.
The index provider put Greece’s...
Economy
Coca-Cola Hellenic To Shut Down Two Plants in Greece
Athens-based Coca-Cola Hellenic Bottling Co. announced on Wednesday its decision to close two of its five production plants in recession-hit Greece.
The dire economic situation of the country has led to a fall of sales for Coca-Cola, which is adjusting...
Economy
Coca-Cola Hellenic Net Profit Slumps On Higher Commodity Prices
Greece's Coca-Cola Hellenic Bottling Co. (CCH) Thursday missed expectations with an 18% drop in second-quarter net profit as higher commodity prices and weak economic growth weighed on earnings.
"Despite improved operating efficiencies, restructuring savings, and revenue growth management initiatives, high...
Greece
Nostalgic Greek Sweets and Treats from Bygone Days
Greek sweets are famously decadent and delicious. There are a number of traditional sweets that remind Greeks of bygone days when kids enjoyed carnivals and fairs.
Old lady's hair, or cotton candy
Old lady's hair is a timeless treat that is...
Diplomacy
Greece Nominates Former EU Commissioner for OECD Top Post
For the first time, Greece, a founding member of the OECD, has officially presented a candidacy for the position of the Organization’s next Secretary General, the former EU Commissioner and Greek Cabinet Minister, Anna Diamantopoulou.
"Anna Diamantopoulou has undeniable multifaceted...
Greece
American Tourist Ripped Off With Kalamari Made of Gold on Mykonos
An American tourist visiting Mykonos earlier in May took to social media to protest the high prices charged at a restaurant on this cosmopolitan Greek island.
Writing on the "Trip Advisor" website, the erstwhile diner complained that the restaurant, situated...
Business
Rebrand the Greeks, Says Advertising Guru Peter Economides
Peter Economides is a brand strategist born in South Africa.
After many years of valuable experience around the world, this cosmopolitan Greek marketing guru vows to change the perception we all have about Greece.
Economides has said in the past that...