Coca-Cola lauds its investments in France
In a letter received on Friday February 22 by Mr. Arnaud Montebourg, France’s Minister for Industrial Renewal, the CEO of Coca-Cola Entreprise France, Mr. Tristan Farabet, pays tribute to his company’s long-standing relationship with France.
Mr. Farabet was delighted to respond after Coca-Cola was cited recently by Mr. Montebourg as a historically significant long-standing foreign investor in France.
“We are happy to invest in France, and have been so for more than 90 years”, writes Mr. Farabet. "Manufacturing in France always been at the heart of our strategy, thanks to the commitment and expertise of our 2,800 French employees."
Mr. Farabet’s letter also notes that Coca-Cola Entreprise has invested €400 million in the last five years at its five French plants, and that “plans to invest a further €66 million expanding Coca-Cola Entreprise’s manufacturing base in France” in 2013.
“We remain deeply convinced of the interest, opportunity as well as the social responsibility of manufacturing in France, and would like to participate further in actively promoting the country’s investment attractiveness to foreign companies”.
This new message of support follows similar remarks from Ms. Clara Gaymard, the Chief Executive of General Electric France and President of the Paris-based American Chamber of Commerce in France (AmCham France).