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Coca Cola Expands Brazilian Market Posted by on Feb 13, 2009 in Brazilian News

Despite the international economic crisis that has recently begun to affect Brazil, Coca Cola has been doing extraordinarily well. In 2008, it earned R$15 billion in Brazil, a 25 percent increase from the previous year.

Also in 2008, Coca Cola Brasil’s sales volume increased by 7 percent, greater than the company’s average percentage worldwide.

As a result, Coca Cola Brasil will invest R$1.75 billion (US$764 million) in the Brazilian market this year, a sixteen percent increase from 2008.

According to the company, Coca Cola has not been affected by the crisis in Brazil and remains confident about continued high sales.

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Comments:

  1. Leo:

    You mean 1.75 bi and not 175 bi…