Russia: 30 Million Dollar Investment Nestlé Builds Infant Formula Plant in Russia
Editor: Alexander Stark
Nestlé has laid the foundation stone for its first infant formula plant in Russia. The investment of approx. $30,77 million is in line with the company’s strategy to increasingly focus capital spending on the high-growth food and beverage categories of coffee, petcare, infant nutrition and bottled water.
Vevey/Switzerland — The plant will be part of the existing Vologda site, where the company has been operating for 14 years. The factory in Vologda is a strategic plant for the company in Russia and CIS and is the only factory producing Nestlé infant formula in the Russia and Eurasia region.
In the past 20 years Nestlé Russia has invested about $ 2 billion dollars into the development of local production. The company owns eight factories in Russia. About 70 % of raw materials and 90 % of packaging are of local origin, which allows the company to produce locally more than 90 % of the goods sold at the regional market. According to the company, this contributes to a better satisfaction of consumer’s preferences and needs and helps them to adapt more effectively to the changing economic and trade environment.
The factory will be operational by 2019.
Unfold for details of your consent
Stand vom 23.03.2021
Naturally, we always handle your personal data responsibly. Any personal data we receive from you is processed in accordance with applicable data protection legislation. For detailed information please see our privacy policy.
Consent to the use of data for promotional purposes
I hereby consent to Vogel Communications Group GmbH & Co. KG, Max-Planckstr. 7-9, 97082 Würzburg including any affiliated companies according to §§ 15 et seq. AktG (hereafter: Vogel Communications Group) using my e-mail address to send editorial newsletters. A list of all affiliated companies can be found here
Newsletter content may include all products and services of any companies mentioned above, including for example specialist journals and books, events and fairs as well as event-related products and services, print and digital media offers and services such as additional (editorial) newsletters, raffles, lead campaigns, market research both online and offline, specialist webportals and e-learning offers. In case my personal telephone number has also been collected, it may be used for offers of aforementioned products, for services of the companies mentioned above, and market research purposes.
In case I access protected data on Internet portals of Vogel Communications Group including any affiliated companies according to §§ 15 et seq. AktG, I need to provide further data in order to register for the access to such content. In return for this free access to editorial content, my data may be used in accordance with this consent for the purposes stated here.
Right of revocation
I understand that I can revoke my consent at will. My revocation does not change the lawfulness of data processing that was conducted based on my consent leading up to my revocation. One option to declare my revocation is to use the contact form found at https://support.vogel.de. In case I no longer wish to receive certain newsletters, I have subscribed to, I can also click on the unsubscribe link included at the end of a newsletter. Further information regarding my right of revocation and the implementation of it as well as the consequences of my revocation can be found in the data protection declaration, section editorial newsletter.