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Food Manufacturer INVEST ALLIANCE AO Will Invest 2,5 bln Rubles in Business Development

At the work meeting with the regional administration, Ilya Alexandrov, founder of INVEST ALLIANCE AO, and Sergey Terskikh, CEO of the company, told about their plans on expansion of the production facilities.

INVEST ALLIANCE AO falls under the corporate group, manufacturing food products under the Ermolino trademark. Since 1999, the company has been operating in the Borovsk District, and today it is among the Top-20 of the Kaluga Oblast enterprises.

At the moment, the enterprise produces about 165 tons of prefabricated meat per year. In 2020, the price of the total volume of goods shipped exceeded 14 billion rubles. Its production capacities grow. In Ermolino, the company builds a production unit for deep freeze prefabricated products. The volume of capital investment is evaluated as 2.5 billion rubles. 800 new workplaces will be created. The new facility will be put into operation this year.

Participants of the meeting discussed the prospects for the development of the enterprise in Kaluga Oblast.

INVEST ALLIANCE AO is one of the largest taxpayers of the Oblast.

 

According to the Government of Kaluga Oblast.

22.01.2021

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