Confectioner AVK Announces Production Investments Of USD 20 mln

AVK, a major Ukrainian confectioner, announced plans to invest about USD 20 mln in the purchase and modernization of production lines for chocolate candies. By the end of the year, according to a company press release, the share of chocolate in total production will increase from 70% to 86%. The company’s brands include Sedevr, Frutta and Zhuvylend.