Business news from Ukraine

UKRAINIAN ASCANIA GROUP INVESTS UAH 17 MLN IN PRODUCTION OF CIDER AND NON-ALCOHOLIC BEVERAGES

Ascania group of companies, a diversified Ukrainian holding, in 2018-2019 invested UAH 17 million in the launch of production of cider and non-alcoholic beverages in PET bottles at the Kvass Beverages plant (Zaporizhia).
“This year we’ve presented a large number of new products in the Ukrainian market. For the first time, we bottled cider in PET under the GardenZ brand, produced the Yarylko Karamelny kvass for children, launched the Yarylo Bily Imbyrny (Yarylo White Ginger) brand. In August 2018, we started producing lemonade in PET at the Kvass Beverages plant. Investments in the enterprise to launch output of cider and new products in PET accounted for a total of about UAH 17 million,” Inna Syrchenko, the head of the marketing department at Ascania FMCG, told Interfax-Ukraine.
According to her, the products of the plant are represented in the stores ATB, Silpo, Novus, Billa and other retail outlets.
Ascania group of companies unites 12 companies. Their activities include import, production and distribution of food, honey processing and exports, logistics services, electricity supply, production of small arms, security services and training for the security personnel of private and state structures, agriculture (growing roses).

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