Coca-Cola HBC Romania To Transfer Iasi Production Lines To Moldova

 "Due to the periodical activity and infrastructure evaluations, since the Iasi factory produces mostly for Moldova, the company has decided to transfer the production lines from Iasi to Moldova. The Iasi warehouse will be reorganized and will function as Distribution Center within the existing infrastructure, and our operations in sales, finances, marketing and human resources will continue activity in Iasi. Production activities at Floreni will be transferred to the neighboring factory at Poiana Negri, which has been prepared to this end by an extensive program of investments," said a press release issued by Coca-Cola HBC.

According to the quoted source, the measures will strengthen the company’s long term growth plans on the two markets.

To the 75 employees affected by the consolidation of business the company will offer the vacant positions available in the company, while the 32 people working in the warehouse will be able to choose new jobs within the contractor that will operate the distribution center.

"At the end of the 60-day interval, all employees involved in the consolidation will receive compensation packages (…) worth between seven and 10 salaries. The new manner of operation will be functional starting with November 2009. All deliveries and services will continue normally throughout the consolidation process," the document reads.

Coca-Cola Hellenic Bottling Company (HBC) Romania is part of Greek company HBC, the largest bottler of Coca-Cola products in Europe.

Coca-Cola HBC sales decreased in Romania, in the second quarter of the year, by some 5%, because of the recession and a decrease in consumption spending.

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