Coca-Cola Bypasses the TRNC Embargoes
The Coca-Cola Company has announced that it has commenced production in North Cyprus for the first time. Previously, Coca-Cola products were imported into North Cyprus from Turkey by the Kaner Group.
Lanitis Brothers, based in the South of Cyprus, is the official bottler and distributor of Coca-Cola products for the whole of Cyprus. However, Lanitis Brothers has admitted that it has been unable to stop direct production in North Cyprus. The company issued a statement confirming that it has been unable to exercise its distribution rights in the North due to the current political situation. According to reports in the Turkish daily newspapers, the CEO of Coca-Cola in Turkey has confirmed that a factory in Alsancak is being used for production and that an investment of around 10,000,000 Turkish Lira has been made by the Coca-Cola Company in the TRNC.