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Employees of East Africa Bottling Share Company (EABSC) sponsored a blood donation event on March 8. The employees gave blood willingly as part of the company’s corporate social responsibility initiative. More than 150 employees donated blood at the company’s Lideta factory.
This is the latest event in EABSC’s community support activities. The company in association with two other firms also invested USD 1.8 million for the provision of water in seven rural districts which helps more than 73 thousand people. It also plans to extend this project to Tigray region by donating USD 1 million in partnership with World Vision.
Coca-Cola Ethiopia sold 35 million cases of beverages in 2013. In 2012 they sold 25 million putting the Ethiopian branch’s net profit at USD 14 million.
Anteneh Tegegn, human resource manager at EABSC says that the factory works for 24 hours a day and seven days a week. The demand for products and the supply isn’t proportional.
This puts the company at a disadvantage as there are no seven day reserves left over incase the factory is unable to produce the beverages due to an emergency, says Anteneh.
Coca plans to empower 5 million women worldwide by 2020. This includes 20,000 Ethiopian women, 6,000 of which were given business and life skills training in 2013. They were also given free iceboxes, fridges and Coca products to start them off in their business.
In 1959, Coca-Cola was first bottled by the Ethiopian Bottling Share Company(EBSC). The company opened a second branch in Dire Dawa in 1965. Then it was nationalized during the military regime. It was privatized again in 1996.
Coca-Cola Sabco bought shares from EBSC in 1995. When Coca-Cola Sabco acquired 61% of the Ethiopian plant in 2001, the company’s name was changed to East African Bottling Share Company. Now Sabco owns 81.5% of EABSC and local share holders own 18.5%. EABSC currently has 1400 permanent and 500 temporary employees.