Oreo cookie maker, Mondelez Worldwide Inc, plans to reopen a potato-chip plant on the outskirts of Kyiv subsequent week which was closed following Russia’s invasion of Ukraine, a spokeswoman stated.
The plant, in Vyshhorod, makes the native model of potato chip referred to as Lyuks.
Mondelez’s biscuit manufacturing facility in Trostyanets, within the jap area of Ukraine, stays closed after it suffered “important harm.”
Chicago-based Mondelez flagged in earnings releases that the influence of the battle in Ukraine battle on world commodities together with wheat and oil will dent its annual earnings by 3 cents per share and scale back its gross sales by $200 million.
The corporate, which owns the Cadbury model, stated it recorded $75 million in property, plant and gear impairments from the battle.
Going through strain to exit Russia, the maker of Milka candies scaled again “non-essential operations” within the nation in early March.