News from Authorities
Today Chairman of the Vologda Region Government met with representatives of Nestlé, the world's leading nutrition, health and wellness company.
Chairman of the Vologda Region Government Anton Koltsov met with Andrey Bader, Corporate Affairs Director of Nestlé to discuss construction of a new cereals plant on the territory of the Vologda Oblast. The meeting was held within the framework of the Russian Investment Forum in Sochi.
In April 2014 Nestlé, the world's leading nutrition, health and wellness company, completed expansion of its instant cereals factory in Vologda. Nestlé expanded production facilities in Vologda and constructed a new cereals line with RUR 1,7 bln investment into construction of a new production shop, installation of production and packing lines, warehouse construction, and utilities development. The launch of new production enlarged Nestlé infant cereals assortment and strengthened company’s leading positions on the markets of Russia and CIS. The company also provided local citizens with extra workplaces.
Vologda's plant is a key Nestlé's factory for the production of baby food and instant hot cereals supplied not only to Russia, but to other CIS countries.
Today the parties discussed construction of a new cereals line with RUR 1,8 bln investment into construction.