US snacking giant Mondelez International has confirmed it is to re-open its crisp factory near the Ukraine capital, Kyiv, this week.
The plant in Vyshhorod, which makes the local brand of crisp called Lyuks, was closed following Russia’s invasion of Ukraine and has suffered damage in the conflict.
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Mondelez’s biscuit factory in Trostyanets, in the north-eastern region of Ukraine, remains closed after it suffered “significant damage”.
In a brief note sent to Just Food after it queried the re-opening of the Vyshhorod plant, a Mondelez spokesperson said: “I’m pleased to confirm that we will restart production in our potato chip plant in Vyshhorod this week – continuing repairs in parallel.”
The Cadbury and Oreo brands owner started operations in Ukraine in 1994. Mondelez estimated in April it will take a US$200m revenue hit this year following the closure of its two factories in the country.
The company has recorded $75m in property, plant and equipment impairments from the war.
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By GlobalDataIn March, Mondelez announced it was “scaling back all non-essential activities in Russia”, while helping maintain continuity of the food supply during the challenging times ahead”.
The company said at the time: “We will focus our operation on basic offerings, discontinue all new capital investments and suspend our advertising media spending.”
