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Prezzi
stocksJun 4, 2026, 11:34 AM

Alfa-Bank to finance Efko food plant expansion for over 10 bln rubles

Alfa-Bank has signed a deal to finance the expansion of the Tula Food Processing Plant of Efko, with investments exceeding 10 billion rubles. The plant's capacity will reach 270,000 tonnes, and over 1,000 jobs will be created.

Alfa-Bank has signed an agreement at the St. Petersburg International Economic Forum (PMEF) to finance the expansion of the Tula Food Processing Plant owned by Efko.

The investment volume exceeds 10 billion rubles. According to the agreement, the plant's annual capacity will increase to 270,000 tonnes, and the project will create more than 1,000 new jobs.

Efko is a Russian food producer best known for its mayonnaise and mayonnaise-based sauces under the brands "Sloboda" and "Master Gurme".

Source: MarketTwits