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June 28, 2022

Mondelez to re-open war-damaged Ukraine crisp factory

It was closed following Russia’s invasion of Ukraine and has suffered damage in the conflict.

By Andy Coyne

US snacking giant Mondelez International has confirmed it is to re-open its crisp factory near the Ukraine capital, Kyiv, this week.

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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.

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.

In 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.”

For more on Just Food’s coverage of how the conflict is affecting the food industry, please visit our dedicated microsite.

Just Food parent GlobalData is providing an ongoing analysis of the war’s impact across business sectors.

Related Companies

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Packaging for the future: embracing circularity and reducing costs

Sustainable and recyclable packaging is more in demand than ever, yet the packaging industry is at a crossroads.

While the traditional practices and old ways of doing business are well-established and understood, avoiding the circular economy is not a viable plan for the long term.

However, this circular shift doesn’t have to be a radical overhaul overnight. A combination of small changes can make a big difference. And these changes can result in cost savings.

Siegwerk is an internationally recognised provider of sustainable coatings and inks for the packaging industry. The company has embraced the circular economy and is setting many standards in sustainability in packaging products while working with major brands.

To learn more about the work of Siegwerk in the circular economy, download this document.

by Siegwerk
Enter your details here to receive your free Whitepaper.

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