Ukrproduct Upgrades Production of Spreads

About this update from Ukrproduct Group Ltd

[{"type":"text","content":"\n \n \n Ukrproduct Upgrades Production of Spreads\n \n \n\n \n Ukrproduct Group\n \n \n\n \n \n \n FOR IMMEDIATE RELEASE August 2, 2010\n \n \n UKRPRODUCT UPGRADES PRODUCTION OF SPREADS\n \n \n Kyiv, Ukraine – August 2, 2010 – Ukrproduct Group \n Limited (“Ukrproduct” or the “Group”) (AIM: UKR), one of the leading \n producers and distributors of branded dairy products in Ukraine, \n announces that it has completed the upgrade of its spreads production.\n \n \n Ukrproduct has transferred the production of bulk spreads from the \n Zhmerynka plant, which has now been closed, to Starokonstantinovskiy \n Dairy Plant (“Starokonstantinovskiy”) and introduced new technology \n which has resulted in encouraging savings in production costs and \n simultaneously increased the quality and texture of the product. As part \n of this upgrade, Ukrproduct has also improved its auxiliary \n infrastructure, including the installation of new cooling equipment.\n \n \n As a result of these improvements, Ukrproduct expects to increase the \n production of both bulk and packaged spreads under the “Vash Molochnik” \n (“Your Dairyman”), “Narodny Product” (“People’s Product”) and \n “Fermerskoye” (“Farmer’s”) brands for the expanding mass market by the \n end of 2010. Furthermore, the consolidation of spreads production at \n Starokonstantinovskiy will allow Ukrproduct to achieve better \n efficiencies in the production, packaging and distribution of its \n products.\n \n \n ***\n \n \n For further information, please visit www.ukrproduct.com \n or contact:\n \n \n \n \n Ukrproduct Group Ltd.\n \n \n  \n \n \n  \n \n \n Shared Value Limited\n \n \n \n \n Sergey Evlanchik\n \n \n \n \n \n \n Larisa Kogut-Millings\n \n \n \n \n Chief Executive Officer\n \n \n \n \n \n \n Investor Relations\n \n \n \n \n Tel: +38 044 502 8014\n \n \n \n \n \n \n Tel. +44 (0) 20 7321 5010\n \n \n \n \n \n [email protected]\n \n \n \n \n \n \n \n \n [email protected]\n \n \n \n \n \n \n \n \n \n \n \n  \n \n \n \n \n WH Ireland Limited\n \n \n \n \n \n \n Metropol (UK) Limited\n \n \n \n \n Robin Gwyn\n \n \n \n \n \n \n Natalia Pastukhova\n \n \n \n \n Tel: +44 161 832 2174\n \n \n \n \n \n \n Tel. +44 (0) 20 7439 6880\n \n \n \n \n Ukrproduct Group Ltd is one of leading Ukrainian producer...

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