Coca-Cola FEMSA a joint venture with The Coca Cola Company in 1991 with FEMSA initially owning 51% of the stock. It started expanding its international operations in 2003 when it acquired Panoramico, another Mexican Coca-Cola bottler with operations in Central America, Colombia, Venezuela, and Brazil. It later acquired additional bottling companies in Brazil (its second largest market) as well as the main Coca-Cola bottler in the Philippines in 2013. The company reported revenues of US$ 9.6 billion for 2015. On Coca-Cola FEMSA's 2011 venture into the coffee vending market: On Coca-Cola FEMSA's approach to human resource management, focusing on their operations in
Coca-Cola Hellenic Bottling Company emerging markets include Russia, Bosnia and Herzegovina, Ukraine, Belarus, Romania, Montenegro, Armenia, Moldova, the Republic of Macedonia, Bulgaria, Serbia, Kosovo, and Nigeria. The company's stock is 23.3% owned by the Kar-Tess Holding (a Luxembourg company) and 23.2% by the Coca-Cola Company. The remaining 53.5% are in free float of which about two-thirds are held by UK and US institutional investors. Coca-Cola Hellenic Bottling Company Coca-Cola HBC A.G. also known as Coca-Cola Hellenic Bottling Company or just Coca-Cola Hellenic is the world's second-largest Coca-Cola anchor bottler in terms of volume with sales of more than 2 billion unit cases. Coca-Cola HBC‘s