Ekstra-M Q1 production up 31% - Brief Article - Statistical Data Included

Eurofood, April 26, 2001

Ekstra-M, one of Russia's leading makers of pasta, enjoyed a healthy production boost of over 31% in the first quarter of the year.

Ekstra-M marketing department chief Valery Kalutsky has told Interfax that the company sold 16 680 tonnes of various pastas during the first quarter, compared to 12 655t it sold at the same time last year. Product sales in March alone were 5 410t versus last March's 4 283t.

BROADEN PRESENCE

Kalutsky said that Ekstra-M had renewed its deliveries to one of the country's largest wholesalers, Infolink, which will help to broaden Ekstra-M's product "presence" not just in Moscow, but also in Russian regions. He noted that the enterprise has reached agreement to expand its volume of sales in the North Caucasus.

30% SHARE OF MARKET

Last year, Ekstra-M produced more than 57 000t of product against its 40 900t the year before. The enterprise makes more than 30 different product brands, and enjoys more than 30% of the Moscow market.