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13 April '18

An investment project for manufacturing 10,000 tonnes of ice-cream in Crimea will be presented at YIEF 2018

At the Yalta International Economic Forum, the Ministry of Economic Development of the Republic of Crimea and the Crimea Development Corporation will present a project for building an ice-cream factory in Crimea with a capacity of up to 10,000 tonnes.

The Development Corporation signed a cooperation agreement with the Slavitsa ice-cream manufacturer in February 2017. Investment will total RUB 500 million. The company will become a resident of Feodosia Industrial Park on a site measuring 35,000 sq.m.

The project envisages a daily output of 40 tonnes of ice-cream, which will require 60 tonnes of milk the investor will purchase from Crimean farmers.

Experts put Crimea’s annual market capacity at more than 7,000 tonnes of ice-cream. The company plans to sell up to 2,500 tonnes in Crimea and Sevastopol and to export the rest to other southern regions of Russia.

Slavitsa is one of Russia’s top ten players with a 6.4% share of the Russian market. Slavitsa has factories in Krasnoyarsk, Kazan, Ulan-Ude and Naberezhnye Chelny. The press service of Crimea’s Ministry of Economic Development also reports that an agreement has been signed on setting up manufacturing in Krasnodar.

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