MOSCOW TIME: 24.04.2024 14:49:55

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Austrian Company to Build Production Plant for Confectionery Industry in Karelia

Austrian Company to Build Production Plant for Confectionery Industry in Karelia

One of the meaningful results of Karelian delegation visit to Austria was the signing of Cooperation Agreement between the Karelian government and large international company "Backaldrin Holding AG".



Austrian Company to Build Production Plant for Confectionery Industry in Karelia


One of the meaningful results of Karelian delegation visit to Austria was the signing of Cooperation Agreement between the Karelian government and large international company "Backaldrin Holding AG". It provides for a construction of bakery and confectionery production facility.


The plant to be built in Vyartsilski urban settlement of Sortavalski district. Total volume of investments will make up RUR 300 bln. The Company will pay up construction works from its internal funds till 2018.


LLC "Backaldrinvest" is a subsidiary of Austrian "Backaldrin". It has been operating in the Russia since 1996 and occupies the leading positions at bread baking market.



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