On December 12, 2022, Nestlé is announcing the opening of a new production site in Ukraine. 40 million Swiss francs will be invested in production in Smolyhiv located in Volyn region, in the western part of the country. This step is aimed at increasing the capacity of noodles culinary production in Ukraine.
Torchyn factory and Volyn Production Network will become the company's European Regional Hub for Food and Culinary products. The Hub will employ 1,500 people and aim to supply both Ukrainian and all other European markets.
Nestlé is the first multinational company that already now announced new investments to take concrete steps to ensure progressive development in Ukraine. Thus, Nestlé continues to expand in Ukraine and therefore supports the growth of the Ukrainian economy and provides incremental jobs.
In addition, since the first day of the war, the company has been providing humanitarian aid with the necessary food and drinks for Ukrainians and their pets. Since the beginning of the full-scale invasion, the company has donated more than 4,000 tons of products worth more than UAH 480 million to support Ukrainians both inside the country and in neighboring countries where Ukrainian refugees are located.
“I am proud to confirm our commitment to invest in Ukraine. This is an important move for Nestlé, taken in a very challenging time for the country. We aim to create a Food and Culinary Hub, ensuring incremental jobs and serve the needs of Ukrainians and all European Citizens with high quality products” Alessandro Zanelli Nestlé CEO South Eastern Europe Market.
The Global Business for Ukraine is more than thrilled to share such stories as they are the best demonstration of business opportunities that exists in Ukraine and that now is great time (at least) to learn more about them.
Hence, we thank Nestlé for not just continue working in the country but for investing and we as a business community will try to do our best to support business!
Moreover, we welcome global businesses to learn more about Ukraine and business opportunities in the country – Global Business for Ukraine and the European Business Association in Ukraine will be happy to be your advisers in this regard.
Briefing Note:
Nestlé is one of the biggest food and beverage companies in the world represented in 187 countries. Its 300 thousand employees work for achieving the joint goal of Nestlé — unlocking the power of food to enhance quality of life for everyone, today and for generations to come. Nestlé offers a broad range of goods and services for families and pets.The company owns more than 2000 trademarks: from world-known brands such as NESCAFÉ or Nespresso to local market leaders. Company's results are shaped by its strategy aiming for rational nutrition and healthy lifestyle.
Nestlé started operations in Ukraine in 1994 by opening a representative office. Since then the company has been promoting such international brands as NESCAFÉ, Nesquik, Nuts, Friskies, KitKat, etc. In 1998, Nestlé S.A. purchased controlling stock in CJSC “Lviv Confectionary Factory ‘Svitoch'”, and since 2018 it owns 100% of the company. In May 2003, Nestlé Ukraine LLC was founded in Kyiv. In the end of 2003, Nestlé S.A. purchased 100% of shares of Volynholding company (“Torchyn” trademark). In 2010, Nestlé S.A. purchased Tekhnokom LLC — an instant meal producer (“Mivina” trademark). In 2012, Nestlé Business Service (NBS Europe) was established in Lviv; this is one of five service centers of Nestlé. It provides support to Nestlé in more than 70 countries across the world.
Nestlé business in Ukraine is focused in the following categories: coffee and beverages, confectionery, culinary (cold sauces, seasonings, soups, and instant food), infant and special nutrition, breakfast cereals, pet food and Nestle Professional, business that is focused on providing ready solutions for business.
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