Danone has lined up a fresh round of investment in Ukraine in a bid to continue to grow sales in the country’s dairy market.

The French food group plans to invest EUR30m (US$40.8m) in its plants over the next three years to develop new products for the Ukrainian market.

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The company boosted its presence in Ukraine when it merged its operations in Ukraine, Russia and a number of CIS markets with Unimilk in 2010. It has grown its sales by 10-15% in the last five years and expects the same rate of growth this year.

Danone has three plans in Ukraine, where it sells a range of local products, as well as international brands Actimel and Activia.

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