Sales at Roshen Confectionery, the Ukrainian confectionery manufacturer, surged by 32% to exceed $1b during 2010. Production volumes rose by 12.7% to about 410,000 tons.
During last year, Roshen commenced construction of a new confectionary plant at Vinnitsa in Ukraine. The first phase of building has now been completed. When completed the site will become the largest milk production facility in Ukraine and will incorporate the production of milk powder, condensed products and butterfat.
The first phase of the modernisation of Roshen’s Klaipeda factory has also commenced. Here Roshen is investing in the installation new lines for manufacturing high-boiled candies and increasing the energy efficiency of the plant.
In 2011, Roshen plans to invest $250m in building a new production complex in the Lipetsk region of Russia. It will be Roshen’s third factory in Russia. Construction of the 230,000 sq m complex, which will incorporate a factory and depot, will start this year and will be finished in 2016. The factory will specialise in the production of high-quality chocolate goods.