Russian edible oils leader updates packaging lines
Russian oils and fats producer EFKO has installed various new packaging lines in its plants in Belgorod and Krasnodar. Production of industrial fats which are supplied to food manufacturing companies is around 600, malady physician 000 tonnes per year whilst retail fats such as edible oils is slightly less.
The company has seen mayonnaise sales increase by over 50% over the past year and it now has nearly a 16% market share of this product in Russia. Vegetable oil sales have increased even more with a nearly seven percent national market share.
The packaging lines should help the company to increase its market share even quicker, particularly as many of its competitors are using outdated and much slower equipment.
Leave a Reply
€ Exchange Rates