Nestle : Nestlé invests CHF 30 million in infant formula plant in Russia
October 12, 2017 at 08:45 am EDT
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Nestlé has today laid the foundation stone for its first infant formula plant in Russia. The investment of 30 million ( 1.8 billion) means Nestlé can offer a greater variety of infant nutrition to consumers.
The plant will be part of the existing Vologda site, where Nestlé has successfully operated for 14 years. It will strengthen Nestlé's leading position in the Russian infant formula market, and support export to neighboring countries.
The investment is in line with Nestlé's strategy to increasingly focus capital spending on the high-growth food and beverage categories of coffee, petcare, infant nutrition and bottled water.
The factory will be operational by 2019. It will use proven state of the art equipment to meet the highest quality standards. It will also apply Nestlé's principles on reducing environmental impact, aiming for zero waste.
In the last 20 years, Nestlé Russia has invested around 2 billion into the development of local production. The company owns 8 factories in Russia.
For more, read the press release from Nestlé Russia.
Breastfeeding is best
We believe breast-milk is the best food for infants. When mothers and families, together with healthcare providers, decide that optimal breastfeeding is not possible, infant formula - the only breast-milk substitute (BMS) recognised by the - plays a vital role in providing essential nutrients to infants. We remain committed to the highest standards of responsible marketing of .
Nestlé SA published this content on 12 October 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 12 October 2017 12:44:02 UTC.
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Nestlé S.A. is the world's leading agri-food group. Net sales break down by category of products as follows:
- powdered and liquid beverages (26.7%): soluble coffees (Nescafé and Starbucks brands), coffee in capsules (Nespresso), chocolate drinks (Nesquik, Milo, etc.), tea drinks (Nestea), etc.;
- pet food (20.3%): brands such as Purina, Friskies, Felix, etc.;
- pharmaceutical, nutrition and well-being products (16.4%): nutritional supplements (Resource, Boost, Nutren, Optifast, Peptamen brands, etc.), infant and maternal nutrition products (NAN, illuma, Cerelac, Nido, Gerber), ketogenic beverages (BrainXpert), (Nesquick, Fitness, Cheerios, Lion, etc.), etc.;
- ready meals and seasoning products (12.5%): frozen and chilled dishes (Lean Cuisine, Hot Pockets and Stouffer's brands), soups (Maggi), etc.;
- dairy products and ice cream (11.8%): powdered milk, sweetened condensed milk, yoghurt and cream desserts, ice cream (Nido, Nesvita, Carnation, La Laitière, Coffee Mate, Nestlé Ice Cream, Dreyers, Häagen-Dazs, Extrême brands, etc.);
- chocolates, sweets and biscuits (8.7%): Kit Kat, Smarties, Cailler, Terrafertil, etc. brands;
- bottled waters (3.6%): Nestlé Pure Life, Vittel, Perrier, S. Pellegrino, etc. brands.
Net sales are distributed geographically as follows: Switzerland (1.2%), France (3.8%), the United Kingdom (3.8%), Germany (2.4%), Europe (12.8%), the United States and Canada (35%), China (5.9%), Asia and Oceania (21.4%) and Latin America (13.7%).