FDBusiness.com

Nestle Investing in Greenfield Factory in Russia

 Breaking News
  • EU Agri-food Exports are Holding Strong The value of EU agri-food exports reached €137.9 billion in 2017, corresponding to a sustained increase by 5.1% in value terms compared to 2016. Published by the European Commission, the latest monthly trade report details the export values for different sectors and origin. Major gains in annual values have been achieved in agri-food exports to the USA [...]...
  • Danone Continues to Make Solid Progress With Strong 2017 Results Danone has posted consolidated sales of €24.68 billion for 2017, up by 2.5% on a ‘like-for-like New Danone’ basis (reflecting the integration of the WhiteWave acquisition), including a 3.9% rise in value showing continued mix and value enhancement in all business sectors, which offset a 1.4% decline in volume. Full-year reported sales were up 12.5% [...]...
  • Nestlé Reports Weak Sales But Margins Improve Nestlé has reported a 0.4% increase in sales to SFr89.8 billion (€77.7 billion) for 2017. Net divestments reduced sales by 1.9%, largely related to the creation of the Froneri ice cream joint venture. Foreign exchange had a minimal negative impact of 0.1%. Organic growth was 2.4%, with 1.6% of real internal growth (RIG) and pricing [...]...
  • Customized Ingredient Solutions are the Way to More and Better Gluten-free Bakery DuPont Nutrition & Health has announced the results of a consumer survey where consumers in four key European markets were asked about their attitudes to gluten-free bakery products. The survey results have revealed untapped potential for bakers to develop more and better-quality products with extra nutritional benefits. While only an estimated 1 percent of the population [...]...
  • Leading Retailers Join the UK’s Big Plastics Debate Coca Cola, Co-Op, Asda, Marks & Spencer and Iceland will come together under one roof for the first time at Packaging Innovations 2018, to talk about the UK’s hottest topic – plastics in packaging. These leading brands will form a panel, as part of the show’s Big Plastics Debate, discussing the road ahead for packaging [...]...

Nestle Investing in Greenfield Factory in Russia

June 30
11:12 2010

Nestle Rossiya is investing SFr60m (Eur45m) in the construction of a greenfield factory in the Vyazniki district of Vladimir region (some 300 kilometers east of Moscow) to produce a wide range of culinary products under the Maggi brand. When the first phase of construction is completed in the third quarter of 2011, the new plant will produce more than 30,000 tons of Maggi products to meet the growing demand for these products in Russia and CIS countries. The state-of-the-art factory will create 500 new jobs.

The development of the new factory is part of Nestle’s strategy to consolidate its production operations in Russia. After the investment project is completed, Nestle will transfer its culinary production out of the current site located in the town of Zhukovsky, in the Moscow region, to concentrate operations at the newly constructed plant.

With sales of around SFr2b in 2009 in Russia, Nestle is market leader in coffee, chocolate, infant cereals and culinary products.

The Zhukovsky factory will then be fully focused on ice-cream production and will be expanded with the transfer of production lines from Nestle’s Kuban factory located in Krasnodar region. Coffee production at Nestle Kuban will subsequently be expanded after the launch of freeze-dry technology in 2011.

“We believe in Russia’s huge long-term potential, that’s why we continue with Nestle investments into the development of local production facilities. With the new factory in Vladimir region Nestle opens a new chapter of Maggi business and sets a new standard for technology in culinary production in Russia,” says Stefan De Loecker, chief executive of Nestle Rossiya. “Our new investment projects and optimisation of production facilities will allow the company to use existing resources held by the Nestle group of companies in Russia with maximum efficiency, as well as to develop successful brands and strengthen positions in the Russian culinary and ice cream markets.”

Over the past 15 years, Nestle has build up a strong presence in Russia. The new plant will be the group’s 14th production site in Russia. With double-digit growth rates and sales of around SFr2b in 2009 in Russia, Nestle is market leader in coffee, chocolate, infant cereals and culinary products.

About Author

colin

colin

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • February 25, 2018fish international
  • February 27, 2018Warsaw Gastro Show
  • February 27, 2018Int'l Food Fair
  • February 28, 2018GAST
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber





Subscribe Here



Advertisements