Business news from Ukraine

Business news from Ukraine

TERRA FOOD OPENS DAIRY FACTORY IN TURKEY

22 December , 2015  

KYIV. Dec 22 (Interfax-Ukraine) – Terra Food group of companies, one of the largest Ukrainian industrial and commercial holdings, has opened the first factory in the industrial park of the city of Karaman in Turkey, the adviser, the partner of Talent Advisors company, Roman Bondar, wrote on his Facebook page.

“We officially inform that Terra Food in a group of the leading experts of the dairy market and investors is really involved in the project of launching a dairy plant in Turkey,” the company told Interfax-Ukraine.

The company in Turkey plans to produce milk powder, cream, butter and dairy snacks.

However, Terra Food did not comment on investment in the project.

“Now we can announce that Terra Food invests the most valuable things in the project it has – the experience of creating and developing dairy enterprises in Ukraine,” it said.

The company added that an official statement will be done closer to February 2016 after all formalities are completed.

Terra Food, founded in 1999, is one of Ukraine’s largest industrial and commercial holdings, which includes three business directions – dairy, meat and agribusiness.