Overview of TH Group
TH Group is a leading Vietnamese dairy company renowned for its innovative practices and sustainable growth strategies. Headquartered in Hanoi, Vietnam, the company is spearheading a significant international expansion with the launch of a state-of-the-art dairy plant in Russia's Far East, specifically in the Primorsky Region.
Location and Facilities
The new plant in Russia is strategically located in the Primorsky Region. This choice leverages the region's robust agricultural ecosystem and favorable trade policies, positioning TH Group to efficiently tap into the Russian market while also strengthening its supply chain.
Financial Indicators
TH Group's commitment to this project is demonstrated by a substantial $204 million investment. This reflects the company's solid financial health and its ambitious strategy for growth. The new facility is expected to significantly boost TH Group's production capabilities with a projected capacity of 1.5 thousand tons of dairy products per day.
Significant Company Events
The inauguration of the new dairy plant is a landmark event in TH Group's history. It highlights the company's dedication to scaling its operations and penetrating new markets. This initiative is also in line with the Russian government's objectives to attract foreign investments and advance its agricultural sector.
Management and Leadership
Under the visionary leadership of Chairwoman Thai Huong, TH Group has achieved remarkable growth. Her insights and strategic vision have been crucial in driving the company towards innovative and sustainable practices. TH Group's management is committed to maintaining high standards of quality and sustainability across all operations.
Company Plans
Looking to the future, TH Group intends to increase its investments in technological advancements and sustainability initiatives. The company plans to implement cutting-edge dairy farming practices to ensure product quality while minimizing environmental impacts. Additionally, TH Group is exploring opportunities to diversify its product offerings and enter new international markets. The launch of the new plant in Russia marks the beginning of TH Group's comprehensive global expansion strategy aimed at reinforcing its leadership in the dairy industry.
Sources: Company press releases, industry reports, and verified news articles from 2023.
Modified: 2025/05/17