Kraft Foods Inc To Open New Biscuit Factory In Ukraine

Bloomberg reported that Kraft Foods Inc.  announced that it will invest $36 million by the end of the year to build a new biscuit factory in Ukraine, according to Taras Lukachuk Kraft CEO for Ukraine, Central and Eastern Europe.

The new factory will be based in central Ukraine and will start operating in the fourth quarter of this year.

Currently, Kraft Foods has two plants in the Central Ukraine area that produce coffee and chocolate.

source
Bloomberg