SladCo and Krupskaya merge

Orkla Brands decided that two Russian chocolate makers should merge into a single company to be named Orkla Brands Russia.

Krupskaya and SladCo will be united under a single management team. The integration procedures have already begun, so the new organization is to come into being of February 25, 2011. The new company’s turnover is supposed to come to about 6.8bn RUR, total workforce is to come to 3,350 people.

Orkla Brands Russia’s HQ will be based in Saint Petersburg.

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