Double coffee
Michael Chen
Senior Web Developer
Kraft Foods will invest $ 100 million in doubling the capacity of the plant for the production of instant freeze dried coffee in Gorelovo village in St. Petersburg area, as was said by David Steer, general director of LLC "Kraft Foods Rus" at yesterday press conference. According him, the plant produces 12 000-13 000 tonnes of coffee under the brand Jacobs, and by 2013 the plan is to bring the volume up to 25 000 t. Construction will begin before this year's end. From 2010 to 2012 the company is investing $ 142 million in the production development in Russia. The reason for extension is the growing demand for coffee and realization of export potential.In general, coffee consumption in Russia is not growing, the market has stagnated since 2008, but the share of Kraft Foods is increasing, says Ramaz Chanturia, CEO of the association Rusteacoffee. Source: vedomosti.ru/newspaper/article/263199/dvojnoj_kofe
Sarah Williams
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