Henkel announces 2003-2004 investments in Russia
In 2003-2004 German Henkel will invest RUR550mln in Russia, Cristian
Poshik, General Manager of the Detergents/household cleaners department of
Henkel-Era, said at a press-conference in Tosno. RUR1.5bln was invested in
the Henkel-Era over the last ten years. In 2003 the basic investment
project of Henkel - Era was a new liquid detergents line and the launch of
production of detergents in polyethylene packing. The plant produces about
80,000 tons of products per year, which are exported to Baltic states,
Ukraine, Belarus and Kazakhstan.