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News -
Economy
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Monday, 25 August 2008 05:58 |
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 A $22 million
Coca Cola bottling plant was opened in Ulaanbaatar on Sunday. This is the
second Coca Cola plant in Mongolia. Some 3,500 people
are employed in the bottling plants in Mongolia, making it one of the country's
largest employers. "I'm
delighted to see MCS Coca-Cola continue to exceed all projections in sales
volume and profit," said Muhtar Kent, President and CEO of The Coca-Cola
Company. "By posting an average annual volume growth of nearly 50% year on
year, the Mongolian business has established itself as one of the strongest
performing operations globally. I am also delighted to see that the leadership
of MCS Coca-Cola has continuously demonstrated its commitment to invest in the
development of its people and manufacturing facilities, critical to ensure
continued future growth of the Coca-Cola business in Mongolia. "MCS Holding
Limited is one of Mongolia's largest businesses operating in six industries,
including energy and infrastructure, information technologies, beverages,
property development, cashmere processing and mining. MCS is one of the largest
private sector companies in terms of number of employees and contribution to
the state budget in Mongolia. With over 3,500
employees, MCS' bottling company is one of Mongolia's largest employers and top
taxpaying private company in the city.
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