Coca-Cola invests EUR 8 M in new warehouse in Portugal
- Portugal Business News - Valerie Charoux
- Mar 13, 2023
- 1 min read
Updated: Aug 31, 2023
Coca-Cola is investing EUR 8 million in a new warehouse in Setúbal, southern Portugal. This new investment, that will nearly double storage capacity, will be operational by the end of 2023.
Increased storage capacity means less transport costs, that will decrease the company’s carbon footprint. The company expects to decrease transport operations by 65%, that will decrease carbon emissions by 513 tons, according to Negócios.
Coca-Cola, that is produced and appreciated in Portugal since 1977, employs around 400 people and produces around 250 million liters each year.
