Mondelez International Inc. owns a production factory outside of Kyiv in Ukraine, and unfortunately, this has been badly damaged by the ongoing war in the region. But despite its condition, it was reported that the Oreo cookie maker is now planning to reopen its war-damaged potato chip plant.
According to Reuters, Mondelez International will be opening the factory again next week, and this will be the first time it will be operating since being shut down at the start of Russia's invasion of Ukraine. The company's spokesperson further said that they are now repairing the plant and working non-stop to make it suitable for production again.
There were serious damages, but Mondelez said it could resume the plant's operation after the repairs. The facility sustained its biggest destruction in March, just a few weeks after Russia launched the attacks on Ukraine.
The factory is located in Vyshhorod, and it is the site where Lyuks, a local brand of potato chips, is being produced. On the other hand, Mondelez's plant for cookie production located in Trostyanets, in the eastern region of Ukraine, is still closed due to more severe damage.
As Mondelez International has few properties in the war-torn countries, it shared that the war cost it some $75 million for damages to its plats, equipment, and other assets. It also suffered a decline in sales by $200 million as global commodities were affected by the war in Ukraine as well.
"Sadly, our site in Trostyanets has suffered significant damage, as there has been significant military action in the entire area since the war began," Mondelez said in a statement that was sent to Just Food. To the best of our knowledge, no employees were injured at the facility, which we closed as soon as the war began."
The company added, "It is too early to provide you with potential next steps for the facility, but I can tell you our top priority is the safety of our people, and that will determine our actions."
Mondelez is an American multinational confectionery, food, holding, and beverage and snack food company headquartered in Chicago. It landed in Ukraine and started its operations in 1994, and while other companies are feeling the pressure to leave Russia, the company is still there but has already scaled back "non-essential operations" since March.


Star Entertainment Secures $390M Refinancing Deal to Stabilize Operations
Canada's Economy Grows Modestly in January 2025, Driven by Energy and Construction
Asian Stocks Surge on Trump's Iran War Comments and Dip-Buying
Bank of America's $72.5M Epstein Settlement: What You Need to Know
Trump's Iran War Speech Sparks Market Anxiety Over Extended Conflict
Gold Prices Rebound But Head for Worst Month Since 2008 Amid Iran War Uncertainty
BlackRock CEO Larry Fink Earns $37.7 Million in 2025 Amid Record Growth
South Korea Manufacturing PMI Hits 4-Year High in March 2025 Driven by Semiconductor Demand
Federal Judge Blocks Pentagon's Blacklisting of AI Company Anthropic
U.S. Dollar Posts Strong Monthly Gain Amid Middle East Conflict Despite Late Dip
Russell 1000 Companies Hit $2.2T Cash Record While Aggressively Reinvesting in Growth
Gulf War Ceasefire Hopes Weigh on Dollar Ahead of Trump Address
KPMG UK Cuts 440 Audit Jobs Amid Low Attrition and Cooling Professional Services Demand
Europe's Aviation Sector on Track to Meet 2025 Green Fuel Mandate
Microsoft Eyes $7B Texas Energy Deal to Power AI Data Centers
Asian Currencies Weaken as Dollar Rebounds Amid Middle East Escalation
Novartis to Acquire Biotech Firm Excellergy in $2 Billion Deal 



