Mars is in the process of drawing up plans to build a confectionery plant in Russia, just-food understands.
The US-based food giant is believed to be finalising plans to build a facility in the city of Ulyanovsk.
A spokesman for Mars Russia refused to be drawn on the reports when contacted by just-food this morning (26 July).
Mars, the maker of chocolate brands including Snickers and Bounty is said to be planning to spend US$60m on the Ulyanovsk site.
The company first entered Russia in 1991 and has a confectionery production site in Stupino, south of Moscow.
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By GlobalDataThe spokesman also declined to comment on the performance of Mars’ brands in Russia.