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First Half Sales Surge at Roshen Confectionery

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First Half Sales Surge at Roshen Confectionery

First Half Sales Surge at Roshen Confectionery
July 27
11:14 2010

Roshen Confectionery Corporation has reported a 35% increase in sales to US$425m in the first half of 2010. Total confectionary output by the Ukrainian confectionery manufacturer was 184,000 tons, which is 12% rise compared to the first half of 2009. Exports amounted to 37,000 tons during the first half of this year.

Roshen operates four factories in the Ukraine at Kiev, Vinnitsa, Mariupol and Kremenchug, along with two production sites in Russia and Lithuania. The group’s products are sold in the Ukraine, Russia, Kazakhstan, Uzbekistan, Kyrgyzstan, Azerbaijan, Armenia, Moldova, Estonia, Latvia, Lithuania, the USA, Canada, Germany, Israel and other countries.

Roshen has bought land at Lipetsk in Russia, where it is planning to build a new factory involving investment of about $ 240m.

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