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Chocolate factory opens in Russia Ulyanovsk region

June 20, 2012, 16:26 UTC+3

This is already the second plant of Mars in the region

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ULYANOVSK, June 20 (Itar-Tass) — A chocolate factory of American manufacturer of confectionery, pet food and other products Mars opened in Russia’s Ulyanovsk region on Wednesday, the press service of the regional government reports.

This is already the second plant of Mars in the region. The first one, a plant producing pet food, opened in September 2009. The total amount of investments in these two factories is over six billion roubles.

“The opening of a second plant of the internationally known company means that a serious investor trust in the investment environment of the region, and connects its commercial success seriously and for long with the development of the region,” Ulyanovsk Region Governor Sergei Morozov said.

One production line producing chocolate bars has been launched, but in the future the assortment will be wider. “The implementation of company’s next project in the Ulyanovsk region is a litmus test of a kind, showing that it is comfortable for foreign investors to work here,” the director general of the Ulyanovsk Region Development Corporation, Dmitry Ryabov, said.

“It is very important for us to have such a partner, as new foreign companies coming to the region look up to it,” he added.

The governor noted that last year the amount of investments in the fixed capital in the region grew 21 percent, exceeding 60 billion roubles. This put the region on top of the list in the Volga Region Federal District as to the pace of investment growth, and the region is placed 21st among the other Russian regions.

“Last year several dozen investment projects were completed. Another nine major investors made their decision to place their plants in the region. When we implement these projects we will get not only several new competitive productions, but will also create about 10,000 new jobs for residents of the Ulyanovsk region,” Governor Morozov said.



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