Oreo cookie maker Mondelez reopens war-torn potato chip factory outside Kyiv
Oreo cookie maker Mondelez International Inc plans to reopen a potato chip factory on the outskirts of Kyiv next week, which was closed following Russia’s invasion of Ukraine, a spokesman said. said.
The company will resume repairs to the severely damaged plant in March, when it resumes production, she said in an email.
The factory in Vyshhorod makes the local brand of chips called Lyuks.
Mondelez’s biscuit factory in Trostyanets, eastern Ukraine, remains closed after suffering “significant damage”.
Chicago-based Mondelez has made it clear that the impact of the war in Ukraine on global commodities including wheat and oil will reduce its annual profit by 3 cents per share and reduce sales by 200. million dollars.
The company that owns the Cadbury brand said it had recorded $75 million in property, plant and equipment damage as a result of the war.
Faced with pressure to withdraw from Russia, chocolate maker Milka scaled back “non-essential operations” in the country in early March.
