Mars to invest 5 bln rubles in expansion and modernization of pet food production in Moscow Region
MOSCOW. Oct 17 (Interfax) - Mars is planning to invest 5 billion rubles in expansion and modernization of it pet food production in Stupino in the Moscow Region, the company said in a statement.
The plant was launched in 1994, becoming Mars' first Russian pet food plant.
"25 year ago, we saw the prospects of the pet food category, even though it practically did not exist back then. Today, experts estimate its volume at 200 billion rubles," President of Mars Russia Valery Schapov was quoted as saying in the statement.
Currently, the Stupino plant is Mars' largest pet food facility anywhere in the world. Over 200 stock-keeping units (SKUs) of wet and dry cat and dog food are produced here under the Whiskas, Kitekat, Sheba, Perfect Fit, Pedigree, Chappi brands, as well as others.
The plant's products are exported to EAEU countries, Tajikistan, Uzbekistan, Moldova, Georgia, Azerbaijan, Mongolia, and Turkmenistan.
Over the past five years, Mars has invested over 4 billion rubles in modernization of production at the plant.