TH MILK INDUSTRY – new resident of Borovsk site in Kaluga SEZ

Meeting of expert council took place in Kaluga on the 18th of December headed by Dmitry Razumovsky, Minister for Economic Development of Kaluga Region. The meeting was dedicated to review of applications to obtain resident status of Kaluga Special Economic Zone created in the region. Application submitted by TH MILK INDUSTRY Company was reviewed and approved.  Total volume of investments to the project exceeds RUR 6.7 bln.  

Representatives of the Ministry for Economic Development of Kaluga Region, ministries and agencies concerned, development institutions, independent experts and management of TH MILK INDUSTRY Company were among the members of the expert council.  

The project plans building of a site for milk processing, manufacturing of dairy products up to 1,000 tons per day. Main products intended for production include liquid milk, yoghurt, drinkable yoghurt, cheese and functional dairy products. The products will be partially (by more than 50%) made of own produced raw milk.    

“This will be one of the major regional projects intending to create more than 350 jobs”, - Dmitry Razumovsky noted.

The Company selected a SEZ site located in Borovsk District.   

Eugen Veselkov, Director General of SEZ Kaluga Managing Company: “For our part, we will provide all possible support at every stage of implementation of this large-scale project”.

TH Group (Vietnam), project initiator, is a group of companies established in 2009 and implementing high-tech projects in agro-industrial sector, food sector, pharmaceuticals, finance sector and education. Products of TH Group is represented by approximately 60 brands marketed in dozens of countries.

Ngo Thanh Hoang, Director General of TH Milk Industry LLC: “TH Group is already present in Kaluga Region. We have already started construction of livestock breeding complex in Ulyanovsk District, we plan to build farms in Khvastovichi District. Due to this, construction of major plant in the region is a strategic necessity”.

Many prized were awarded to TH dairy products in Russia, and also at other international markets.  


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