KYIV, Aug 15 – Nestlé plans to bring a new factory in Smolyhiv (Volyn region) into operation in the fourth quarter of 2024, having invested $45 million in its construction, according to a press release from the company's Ukrainian office.

"The new factory will be part of a hub for the production of culinary products and will manufacture products for export to EU countries. The factory's opening is scheduled for the fourth quarter of this year, coinciding with the 30th anniversary of Nestlé's operations in Ukraine," the office said in the press release.