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Soyuzmoloko does not plan to take the initiative to nationalize the PepsiCo site

Russia 27.02.2024
Source: The DairyNews
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Earlier, Kommersant.Sibir reported that Soyuzmoloko.Sibir (National Union of Milk Producers) intends to propose nationalizing the Novosibirsk PepsiCo plant. According to the General Director of the National Union of Milk Producers Artem Belov, the organization does not plan to put forward such a proposal.
Soyuzmoloko does not plan to take the initiative to nationalize the PepsiCo site
“The region really has an acute situation with a shortage of processing capacity,” says Soyuzmoloko General Director Artem Belov. “I would like investors to pay attention to this region, as it has both the potential for domestic consumption growth and export potential.”

Wimm-Bill-Dann remains the largest buyer of milk in Russia, and according to Soyuzmoloko, purchases of raw materials increased by 5% last year.

The company is included in the top 3 ratings of the largest milk processors in Russia according to Soyuzmoloko, Milknews and Streda Consulting.

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