The world largest food and beverage company is one of very few international companies to announce new investments in Ukraine since Russia invaded the country in February.
A senior Nestlé manager described it as an important move in a challenging situation for Ukraine.
“We aim to create a food and culinary hub, ensuring incremental jobs and serving the needs of Ukrainians and all European citizens with high quality products,” said Alessandro Zanelli, Nestlé CEO for the south eastern European markets.
Russia’s invasion has wrecked Ukraine’s economy, which is projected to shrink by 35% this year, according to estimates by the International Monetary Fund.
In recent weeks power blackouts have spread throughout the country as Russia intensified attacks on Ukrainian power facilities.
Nestle, which already has about 5,800 staff in Ukraine, is planning to add 1,500 new jobs at the new production facility in Smolyhiv in the Volyn region.
First large-scale alpine solar plant approved in Switzerland
This content was published on
The approval was met with satisfaction by the project's organisers, but it also brings with it a certain amount of pressure.
Medieval squirrels may have ‘helped spread leprosy’
This content was published on
An examination of squirrel remains in the United Kingdom has opened up interesting questions and possibilities in terms of the history of the disease.
Swiss money laundering office registers record number of reports
This content was published on
The Money Laundering Reporting Office Switzerland (MROS) registered a record number of reports of suspicious activity last year.
Two teens accused of planning terror attack released from custody
This content was published on
The Schaffhausen judiciary has released the two teenagers from custody who allegedly planned bomb attacks in Switzerland.
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.
Read more
More
Ukrainian officials shame Nestlé over Russia presence
This content was published on
Ukraine's top government officials have accused the Swiss multinational of being complicit in Russia’s "war crimes" in their country.
This content was published on
Swiss food manufacturing company Nestlé will buy the Starbucks subsidiary ‘Seattle’s Best Coffee’ amid flagging sales of its other coffee brands.
You can find an overview of ongoing debates with our journalists here . Please join us!
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.