Nestle's new Ukraine plant in rare war-time investment

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Nestle is one of very few international companies to announce new investments in Ukraine since Russia invaded the country in February 2022.

"This is an important move for Nestlé, taken in a very challenging time for the country," Alessandro Zanelli, Nestlé chief executive officer for South Eastern Europe Market, said in a statement.

Russia's invasion has wrecked Ukraine's economy, which is projected to shrink by 35% this year, according to International Monetary Fund estimates.

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