KYIV, Sept 25 – Nestlé in Ukraine this year has reduced the rate of decline in production volumes to 5% from 15% last year, and intends to return to growth in 2024, CEO of Nestlé in Ukraine and South-Eastern Europe Alessandro Zanelli told Interfax-Ukraine on the sidelines of the European Business Association (EBA) conference.

According to him, the decline is explained by the loss of 8.8 million consumers who left the country or remained in the occupied territories, as well as the fact that one of the company's factories was not working for most of 2022.