German confectionery company Alfred Ritter has confirmed that it is
to build a €25 million factory in the Moscow region which will be
used to make the company's well known brand of Ritter Sport
chocolate bars.
A large proportion of Russian sugar processors have experienced
recession over the last year - so says a survey of leading industry
figures. However, the abolition of import taxes on imported raw
sugar might make things easier in...
Investment fund Russia Partners II has acquired the Moscow-based
Ice-Fili ice cream producer and confectionery group Zvezdny,
according to a report in the Vedomosti newspaper.
Finland's leading confectionery company, Leaf, has said that it is
to build a factory in St. Petersburg, Russia, for the production of
functional pastilles and lollipops.
German confectionery manufacturer Alfred Ritter is readying to open
up two new production lines in a 50/50 joint-financed project with
Russian company Odintsovo Confectionery. The $20 million investment
will see Ritter Sport brand...
After several years of gains, growth in the Russian confectionery
market looks set to slow over the next six years or so, with only
premium chocolate products likely to bring big returns.
Danone is on the verge of buying the Chocks & Roll business of
Spain's Chupa Chups, one of its last remaining foreign units.
Evidence that Danone is still determined to pursue its expansion in
Russia despite failing to buy...
Two years after the Russian authorities imposed massive import
duties on confectionery products in a bid to keep out cheap imports
from Ukraine, that country's biggest sweet maker Roshen is about to
take Russia by storm with...
Nestlé is the most popular chocolate producer in Russia, but other
international companies still play second fiddle to the numerous
local (or even regional) producers there. But the market is set to
grow over the next five years,...
LMC International, the US provider of confectionery and bakery
processing equipment, has formed a strategic alliance with Indian
company Dhiman to sell its confectionery equipment in the North
American region.
