Print Share RSS

Mondelez To Build $100M Plant in Czechoslovakia

November 19, 2013
by Candy & Snack TODAY

Zurich -- In response to increased demand in the European biscuit market, Mondelez International is investing $100 million to build a biscuit plant in the Czech Republic, according the company.

The new facility will complement production capability of the existing Opava plant, which makes Oreo cookies and belVita breakfast biscuits, providing capacity in excess of one million Oreos per day. When it comes online in 2015, the plant will be the first in the Czech Republic to comply with the 2008 European Union directive for integrated pollution prevention and control, sources tell Candy & Snack TODAY.

Phil Hodges, senior vice-president, integrated supply chain, Mondelez, Europe, says: “We’ve seen phenomenal growth in our biscuit business in recent years, especially our Oreo and belVita power brands. After it is completed, the plant will be a model in our global supply chain network.”

According to Mondelez’s Q3 report, organic net revenues in the European biscuit segment rose 1.9 percent, driven by 4.7 percent growth in its Oreo and belVita brands. Since 2011, the company has invested $240 million in its European biscuit manufacturing initiative.



<< Candy & Snack TODAY Home