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Fri 6 Jul 2007 06:32 PM

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Second PepsiCo plant for Russia

Beverage giant PepsiCo International has unveiled plans for its second snacks manufacturing site in Russia.

Beverage giant PepsiCo International has unveiled plans for its second snacks manufacturing site in Russia.

The company has selected the town of Azov in the Rostov region as the site for the plant, paving the way for an investment of around $170 million over the next five years and the creation of about 1000 jobs.

PepsiCo's decision to build a second snacks manufacturing site follows its decision to invest over US $160 million in its first site and related agricultural programmes in Kashira, near Moscow back in 2002.

The Kashira plant is now one of the largest and most modern snack manufacturing sites in Russia and continental Europe.

Since 2002, the market for PepsiCo snacks products has grown quickly and the plant at Kashira, which employs around 1600 workers from the area, is now at full capacity.

The new facility in Rostov will allow Pepsico to expand its sales throughout Russia.

Rostov was chosen as the ideal location for the second site due to its optimal access to customer distribution as well as availability of land and utility connections.

PepsiCo Russia Snacks general manager, Paul Kiesler, said: "Our business in Russia has been growing quickly and the second site in Rostov will provide us with the necessary manufacturing capability to meet growing consumer demand for our products, both today and tomorrow."

PepsiCo set up its first beverage plant in Russia in 1974.

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