You're reading: Kraft Foods Ukraine to keep increase in sales at 10% in 2013

Kraft Foods Ukraine, one of the largest manufacturers of confectionery products in Ukraine, plans next year to increase sales on the domestic market by 10% compared to 2012.

“Our expectations [for the next year] exceed 20% of growth in sales
on new markets and a 10% rise in sales in Ukraine,” Kraft Foods Vice
President, Director General for Ukraine and Emerging Markets in Eastern
Europe and Central Asia Taras Lukachuk told reporters in Kyiv on
Tuesday.

He noted that the company is expecting the same growth in sales both
in Ukraine and on such markets as Moldova, Belarus, Georgia, Armenia,
Azerbaijan, Kazakhstan, Uzbekistan, Kyrgyzstan, Tajikistan,
Turkmenistan, and Mongolia.

In 2011, the sales of Kraft Foods Ukraine in Ukraine, Eastern Europe
and Central Asia increased by 22%, to $609 million, including the growth
in Ukraine – to $454 million.

According to a company press release, Kraft Foods Ukraine plans by
the end of this year to produce 42,000 tonnes of goods at its factory in
Trostianets (coffee, chocolate, biscuits), which is 22% up on 2011.
Potato chip production is expected to remain at the last year’s level of
13,000 tonnes.

Lukachuk also said that the company’s capital investment this year,
according to preliminary estimates, would reach more than Hr 185
million, including Hr 140 million in the production of biscuits at the
Trostianets confectionery factory and Hr 45 million in potato chip
production.