French dairy giant Lactalis, which produces the President and Valmont dairy ranges, has unveiled plans to build a US$13m production plant close to Moscow.
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Work on the plant, to be situated in the Istra district, will begin when district governor Boris Gromov gives the appropriate orders.
The Lactalis-Istra plant will produce up to 6,000 tonnes of processed cheese annually, said the company, and will help boost sales in Russia.
Lactalis currently controls about 1% of the Russian processed cheese market.

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By GlobalData