Business news from Ukraine

LAUFFER GROUP TO INVEST UAH 10 MLN IN KHARKIV BAKERIES IN 2016

2 February , 2016  

KYIV. Feb 2 (Interfax-Ukraine) – Saltivsky Bakery LLC (Kharkiv region), part of Lauffer Group, in 2015 produced 43,000 tonnes of bakery products, which coincides with the figures of 2014.

According to a press release, Lauffer Group’s capital investment in baking enterprises of Kharkiv region last year amounted to more than UAH 4 million. Re-equipment of production was carried out in two directions: introduction of energy saving technologies, improvement of product quality.

The group plans in 2016 to invest around UAH 10 million in Kharkiv bakeries.

“In 2015 we managed to maintain production volumes and the market share. Today we produce about 40% of bread in Kharkiv,” the press service said citing the head of the bakery business at Lauffer Group in Kharkiv, Bohdan Aleksandrov.

Lauffer is one of the largest Ukrainian business groups in the sector of processing agricultural products and food production, which has been operating in Ukraine for 14 years. It includes about 100 enterprises specializing in production of flour, bakery goods, fat, canned food and so on.