MOSCOW TIME: 25.04.2024 15:21:10

Companies + Local News + Markets

Finnish coffee maker summarizes results of its Russian operations

Finnish coffee maker summarizes results of its Russian operations

The Tver Region based facility annually produces about 7 million tonnes of finished products supplied directly to Russian consumers and exported to CIS countries



Finnish coffee maker summarizes results of its Russian operations


Paulig (Finland) started its operations in the Russian market in 1992. At that time, it decided to construct the country's first Paulig branded coffee roasting plant.


The plant was launched in Tver in 2011. A total of EUR 20 million was invested in the project. The plant features 5 production lines designed for different types of packings. The Tver Region based facility annually produces about 7 million tonnes of finished products supplied directly to Russian consumers and exported to CIS countries.


According to researches by Nielsen, the company accounted for 23% in the Russian market in June 2016. After Paulig's plant was launched, its shows 10 to 15% annual production growth.


Paulig was founded in 1876 by Gustav Pauling. Thus far, Paulig remains a family business. Its head office is based in Helsinki, Finland.


Share this:

Share this Share this Share this
   

NEWS


04.12.2019 TVEL completes the contract for supply of fuel pellets to India for Tarapur NPP

TVEL JSC has shipped to India the final consignment of uranium  fuel pellets for BWR reactors and thereby fulfilled the relevant contract with the Department of Atomic En...

26.09.2019 Vietnam-Russia Bilateral Ties Deepen, Boost Investment

Russia was one of the first countries to establish diplomatic relations with Vietnam, laying the groundwork for a strong bilateral and economic relationship between the countries.

04.09.2019 Russia’s trade turnover with African states up 17% in 2018

Russia’s trade turnover with the African states increased by more than 17% in 2018 to $20.4 bln. A representative of the Russian Foreign Ministry told TASS that the majority of...

EVENTS


INTERVIEWS


18.04.2018 Pskov State University Increases Its International Student Body Thirty...

Higher education can be a profitable export business, provided the system is built correctly and qua...

FEA Education


03.05.2017 Anna Trubetskaya: "Business should be built on Russians"

About the models of business development in another country and professional secrets is told by a practicing expert on work in international markets Anna Trubetskaya

Our partners