MOSCOW, April 29, 2015 /PRNewswire/ --
French Kiss, Russia's leading producer of premium hand-made confectionery, is launching a new production facility in Moscow as part of its medium-term development strategy. The company invested around RUB 200 mln in the new facility. Thanks to this new facility, French Kiss will more than double its confectionery production capacity, while boosting its operational efficiency.
In August 2014, VIYM - acting on behalf of its investors - closed a deal to acquire a stake in French Kiss. The goal was to finance investment programmes and ensuring the company becomes the largest producer and distributor of hand-made chocolate in Russia by 2017, as well as strengthening its positions on the corporate sales market.
"The new production facility will enable French Kiss to deliver more attractive products to its clients and customers. French Kiss' confectionery meets the highest European quality standards, using the finest Belgian chocolate and other exclusive ingredients, and is produced using the latest, top-end equipment. We are delighted that the company continues to strengthen its position in the Russian market," said Andrey Yakunin, partner at VIYM.
French Kiss opened its first chocolate boutiques in Moscow in 2004. Initially the company imported products from Europe, and in 2008 opened its own production facility in Moscow. Today, French Kiss occupies a confident position on the Russian market. In addition to production, it invests in creating new recipes and developing its network of retail outlets. In the coming years, the number of French Kiss branded boutique chocolatiers is set to grow 1.5 fold. The company also plans to expand the products on offer to include premium ice-cream, cakes and biscuits.
About French Kiss
French Kiss is a leading producers and distributors of premium hand-made chocolate and confectionery in Russia. Founded in 2003, today it boasts a distribution network of 21 boutiques in Moscow and 18 franchise shops across Russia. Its production and storage facilities are located in Moscow and the Moscow region. Its current range includes over 50 types of loose chocolates, over 20 types of dragée, and over 30 types of decorative sweets, in addition to its confectionery. French Kiss uses only natural ingredients and chocolate imported from Belgium and France in production. The French Kiss brand is registered in Russia, Europe, China and other countries.
For further information about VIYM please visit: http://www.viym.ru/en/about/
SOURCE UK Press Office for VIY Management