Nestlé in Ukraine has seen a 10% increase in production volumes in 2024, demonstrating its ability to adapt in a challenging environment.
The FMCG sector in Ukraine has also experienced growth of just under 10%. The stability of the hryvnia and relatively stable inflation rates have contributed to this positive outlook.
Nestlé's growth trajectory aligns with the broader FMCG sector, with volume growth estimated at 7-8%. The company's strategy during these times has focused on sustainability and adaptability, allowing its factories to maintain operations even under the threat of shelling.
Looking ahead, Nestlé is confident in achieving similar production growth rates in 2025, despite potential challenges such as rising inflation and a shortage of skilled labor.
The launch of a new plant in the Volyn region has been postponed but is still on track. Nestlé aims to create a food production hub near the EU border, with plans to export 80% of its output.
The company is committed to improving operational efficiency and expanding market share. Nestlé has been present in Ukraine since 1994 and has expanded its operations significantly. Its diverse portfolio positions it well to adapt to changing consumer preferences and market dynamics.
Nestlé's focus on sustainability, adaptability, and strategic investment showcases its resilience in the face of adversity.