ST. PETERSBURG, Russia – PepsiCo International announced Saturday the selection of Azov, in the Rostov region, for its second snacks manufacturing site in Russia.
The company plans to invest $170 million in the plant over the next five years and expects to add about 1000 new jobs.
In 2002, PepsiCo invested $160 million in a plant in Kashira near Moscow. The Kashira plant is running at full capacity and employs 1600 workers.
Rostov was chosen for the second site due to its access to customer distribution and availability of land and utility connections. The investment in Rostov also includes related agricultural programs.
“Our business in Russia has been growing quickly and the second site in Rostov will provide us with the necessary manufacturing capability to meet growing customer demand for our products, both today and tomorrow,” said PepsiCo Russia Snacks General Manager, Paul Kiesler.
