S. Korean Snack Firm Orion to Build New Plant in Russia

SEOUL, Dec. 7 (Korea Bizwire) – Orion Corp., a major confectionery company in South Korea, said Thursday its Russian unit will invest US$81.3 million inthe next three years to build a new factory to meet the growing demand for its products in the Eurasian market. The construction of the new production facility in the Tver Region will begin early next year and is planned to be completed by 2020, the company said in a regulatory filing. Orion said that, when construction [...]