KIEV, Oct. 13 ??“ Kiev-based AVK confectionary, one of Ukraine's largest confectionaries, has invested over $11 million in the upgrade of the Dnipropetrovsk confectionary that the company bought in April 2003.

"From the moment of purchasing the Dnipropetrovsk confectionary until now, AVK Company has invested over $11 million in the confectionary," reads a company announcement on Thursday.