- Sputnik International
World
Get the latest news from around the world, live coverage, off-beat stories, features and analysis.

Sweet Affair: Mars Inc. Invests 3.3 Billion Rubles In Russia

© AFP 2023 / Stan HONDAM&M candy
M&M candy - Sputnik International
Subscribe
Mars Inc. has invested 3 billion rubles in the production of M&M's in Moscow.

Danone's logo - Sputnik International
Danone Investments in Russia Grow Non-Stop Despite Sanctions - CEO
American chocolate company Mars Inc. has opened a new production line in Stupino, near Moscow. The cost of the new production line is around 3 billion rubles and is set to increase the production of M&M’s chocolates for the Moscow region and the country in general.

With the introduction of the new line, production is expected to increase by 18%. The project has created around 76 new jobs as well.

The new production capacity is seen as a strategically important step for the corporation.

Mars Inc. began working in the Russian market in 1991 with the establishment of the company ‘Master Foods’, which started selling confectionery products and pet food such as M&M's, Mars, Snickers, Whiskas, Pedigree, etc.

Newsfeed
0
To participate in the discussion
log in or register
loader
Chats
Заголовок открываемого материала