date:Apr 11, 2014
Mondelez International has unveiled plans to establish a new manufacturing facility in Novosibirsk region, Russia, with an investment of $110m.
The company is pursuing its expansion plans in the region despite increasing geopolitical tensions, following Crimea's annexation into Russia.
To be handled by the company's Russian unit, the project is expected to add 180 new jobs to the region.
Mondelez International spokesman was quoted by Bloomberg as saying that the plant will produce 50,000 tons