About RON1.5 million of this investment, or 47% of the eligible construction, equipment and PV panel costs came from a grant from EU’s Modernization Program. The new PV park will ensure about 20% of the annual electricity needs of the plant and will help curb CO2 emissions by almost 1,200 tons a year.
“This investment is a clear proof of our commitment to a green future and to attaining Coca-Cola HBC’s goal to bring emissions down to zero on the entire value chain by 2040 (…),” Cornel Caramizaru. general manager of Coca-Cola HBC Romania, said.
The plant in Timisoara makes about 284 million liters of beverages a year and exports to 15 countries.
Coca-Cola HBC Romania is the leader of the Romanian non-alcoholic ready to drink beverage market, with RON4 billion revenue in 2024, Finance Ministry data show.
(English version by Loredana Fratila-Cristescu)