Since the beginning of the military conflict in eastern Ukraine, quite a few foreign companies have left the country. Other firms decided to stay and grow the business, however, seeing Ukraine as a great location for their manufacturing facilities.
Decades of experience
Ansgar Bornemann, Head of Nestlé in Ukraine and Moldova, says it has been a good investment for Nestlé. The company has been operating in Ukraine since 1994, and has completed three large acquisitions in the last 23 years: the Svitoch factory in Lviv, followed by the Torchyn cold sauces factory and brand and, lastly, the Mivina noodles and seasonings …read more
Source: Emerging Europe