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The Swiss company Nestlé plans to increase production in Ukraine in 2024,

The Swiss company Nestlé plans to increase production in Ukraine in 2024,

German headquarters of Nestle corporation with logo in Frankfurt, Germany.

said the CEO at Nestlé South Eastern Europe, Alessandro Zanelli. He attributed last year’s decline to the loss of 8.8 million consumers who left the country or remained in the occupied territories and to the fact that one of the company’s factories did not work for most of the year.

At the same time, Nestlé started constructing a new €42M factory in Volyn, creating the basis for increased production. In monetary terms, Nestlé in Ukraine achieved steady double-digit growth this year. Moreover, exports have recovered and are growing. At the Lviv factory last year, exports increased by 20%, and at the Volyn factory by 5%.

Zanelli emphasized that since the war began, the company has focused on improving the security and support of its 5,500 employees in Ukraine, including mental health support.

He also noted that this year, the company allocated about eight million Swiss francs to charity in addition to 13 million last year.

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