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cookmo · 07-09-2006, 08:32 PM

This is taken from PBS' Frontline Columbia-The Pipeline War, November 2002.

http://http://www.pbs.org/frontlinew...corporate.html

Coca-Cola
The world's most recognized brand, Coca-Cola is also the largest soft-drink maker on the planet.

Annual sales: $20 billion
Annual income: $2.4 billion
CEO and annual executive salary: Douglas N. Daft, $5,000,000
Founded: 1891
Corporate headquarters: Atlanta, Ga.
Employees: 37,400
Colombia operations: Coca-Cola has been distributed in Colombia since 1940, and the company's Colombian subsidiary employs 15 workers and 25 contractors. It maintains bottler agreements with 20 independent bottling companies in the country, 17 of which are owned by Panamco. As of 2002, Coca-Cola owned a 25 percent equity interest in Panamco. Panamco has subsidiaries operating in most of Colombia and claims a 94 percent market share. The bottling companies employ approximately 10,000 people directly and an additional 50,000 indirectly.
Human rights: Coca-Cola's labor practices in Colombia have become the focus of a recent lawsuit. Filed last July in Florida, the suit alleges that the company was complicit in paramilitary executions of several union leaders organizing at Coca-Cola bottling plants. (Nearly 4,000 trade unionists have been murdered in Colombia since 1986, more than in any other place in the world.)

I also googled it and lots came up, but they were mostly from .orgs I had never heard of. So I don't know if these allegations are true. Thats what I am asking here. Maybe I should have put this in "paranoia"

!!

07-09-2006, 08:32 PM	#3 (permalink)
cookmo Insane Location: Ohio	This is taken from PBS' Frontline Columbia-The Pipeline War, November 2002. http://http://www.pbs.org/frontlinew...corporate.html Coca-Cola The world's most recognized brand, Coca-Cola is also the largest soft-drink maker on the planet. Annual sales: $20 billion Annual income: $2.4 billion CEO and annual executive salary: Douglas N. Daft, $5,000,000 Founded: 1891 Corporate headquarters: Atlanta, Ga. Employees: 37,400 Colombia operations: Coca-Cola has been distributed in Colombia since 1940, and the company's Colombian subsidiary employs 15 workers and 25 contractors. It maintains bottler agreements with 20 independent bottling companies in the country, 17 of which are owned by Panamco. As of 2002, Coca-Cola owned a 25 percent equity interest in Panamco. Panamco has subsidiaries operating in most of Colombia and claims a 94 percent market share. The bottling companies employ approximately 10,000 people directly and an additional 50,000 indirectly. Human rights: Coca-Cola's labor practices in Colombia have become the focus of a recent lawsuit. Filed last July in Florida, the suit alleges that the company was complicit in paramilitary executions of several union leaders organizing at Coca-Cola bottling plants. (Nearly 4,000 trade unionists have been murdered in Colombia since 1986, more than in any other place in the world.) I also googled it and lots came up, but they were mostly from .orgs I had never heard of. So I don't know if these allegations are true. Thats what I am asking here. Maybe I should have put this in "paranoia" !!