Coca-Cola opens Mongolian bottling facility

ULAANBAATAR, Mongolia Coca-Cola last week announced the opening of a $22 million bottling plant—the second largest in Mongolia.

Prior to the new plant in Ulaanbaatar, the MCS Coca-Cola plant had been the only Coca-Cola bottler in the Mongolian market.

“I’m delighted to see MCS Coca-Cola continue to exceed all projections in sales volume and profit,” president and chief executive officer of The Coca-Cola Co. and Odjargal Jambaljamts, Muhtar Kent, said. “By posting an average annual volume growth of nearly 50 percent year on year, the Mongolian business has established itself as one of the strongest performing operations globally.”

Coca-Cola said that it sees great opportunities for growing its Chinese and Mongolian businesses, and in return it will offer jobs and more local business opportunities. Coca-Cola Beverages Co. of China currently has about 30,000 employees, mostly all local citizens, the company has said.