Within the framework of a visit to the Socialist Republic of Vietnam Anatoly Artamonov, Kaluga Region Governor, took part in an official ceremony dedicated to signing of an investment agreement between Kaluga Region Government, Ulyanovo District administration, Mosalsk District administration and Thai Hyung, the head of ТН true milk. The ceremony was held on March 23, 2016.
The agreement provides for implementation of an investment project related to construction of a hi-tech dairy form with a milk processing plant and a greenhouse to produce bio fruits and vegetables. The facilities are to be commissioned in 2019.
Currently ТН true milk operates dairy farms, a milk processing plant, a fodder plant, an integrated medical center, a retail chain and spa hotels. Apart from that, the company produces organic vegetables and functional food products.
The company holds about 30% share of Vietnam dairy products market.
The project to be implemented in Russia is to become the first ТН true milk project abroad. Previously the company had its production assets only in Vietnam. Potentially the company may launch production of cheese, fermented milk products and sausages in Russia.