The Russian department of Ferrero will build its first factory in Russia to produce confectionary products under the well-known brand. To implement the project the company plans to invest about ?200 million.
      
      The factory will be constructed in the Vladimir Region and is planned to start production by the end of 2009.
      
      Italian company Ferrero entered the Russian market at the beginning of the 1990s. Since 1997 CJSC Ferrero Russia, a foreign controlled Russian company, represents Ferrero Group in the RF.
      
      source:
      www.lenta.ru