Nestle concern will open a new factory in Ukraine

20 December 2022, 07:26 | Economy
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Swiss multinational food corporation Nestle announced that it will invest 42 million. dollars to launch a new production facility in western Ukraine. The world's largest food and beverage company is one of the few international corporations that has announced its intention to continue investing in Ukraine, even in times of war, swissinfo informs. ch.

Nestle already provides 5,800 jobs in Ukraine. It is planned to create another 1,500 jobs at a new factory in the Volyn region (the city of Smolyhiv).

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Russia's aggression caused huge damage to the Ukrainian economy, according to the forecasts of the International Monetary Fund, by the end of 2022, the country's GDP will decrease by 35%.




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