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Creation of confectionery holding company under consideration in Belarus

Economy 10.12.2019 | 19:01

MINSK, 10 December (BelTA) – The possibility of setting up a holding company based on the confectionery factory Kommunarka is under consideration in Belarus, BelTA learned from the company's Director General Ivan Danchenko.

The executive said: “First of all, we would like to see the confectionery company Slodych as part of the holding company. The National Academy of Sciences of Belarus is working on it. The experience of [the dairy producer] Savushkin Product in this area has been examined.”

The director general believes that the Belarusian companies have to follow global trends, grow stronger, and increase their output in order to stay competitive. In particular, Kommunarka intends to expand the production floor. “We need a new site or a new wing at the existing site in order to have space to grow into during the next five-year term. Now we are part of the detailed development plan together with Motovelo. The industrial zone will be developed. We have an opportunity to reconstruct premises along Trostenetskaya Street,” Ivan Danchenko remarked. The construction of a logistics hub is a remote possibility.

The confectionery factory Kommunarka specializes in making chocolate, sweets, cocoa powder, and waffles. The company's history is more than a century old. The factory can make over 250 product titles and a total of 30,000 tonnes of confectionery per annum.

Belarusian Kommunarka's export up three times since 2013Belarusian Kommunarka
We have significantly ramped up the production as we have installed new equipment - by about 60% since 2013, Ivan Danchenko noted.

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