Wednesday, August 23, 2017

Irbitsky dairy plant to double output by 2015 to meet domestic demand

Earlier this week, Sergei Suetin, the general director of the Irbitsky dairy plant in the Sverdlovsk region, announced plans to double milk production by spring 2015.

"The total amount of investments approved by the government in 2014, will be about $16.59 million," Suetin said, according to ITAR-TASS. "This will increase the production of dairy products by 170,000 tons of processed milk, or 80 percent of our current production volume. Now we are building a new plan, which [we] plan to open in March next year."

Suetin estimated that the doubling of the plant's milk production to meet domestic needs will create 30 new jobs at Irbit, which currently employs approximately 1,000 people. Additionally, the company expects to pay taxes this year in the amount of $8.3 million, which will give the regional budget an influx of cash.

Approximately 25 percent of Sverdlovsk residents drink milk produced at the Irbit plant. Suetin hopes that the increase in production will lead to more area customers and expand the milk's brand to the national level, ITAR-TASS reports.

Russia recently banned food products from the U.S. and EU after sanctions were levied on the country as a result of its involvement in the Ukrainian political crisis.