Tomsk Company "SAVA" Has Signed an Agreement to Supply Products to China for $100 Million
- Information Center
- Investment News
- Year 2018
An agreement of intent to purchase Tomsk products was signed on November 6 at the Russian Export Center stand as part of the First China International Import Exhibition (CIIE), which runs from November 5 to 10 in Shanghai.
Corresponding agreements between the Russian OOO TPK "SAVA" and the Chinese Xinjiang Er Liang Organic Products Group were reached too. The agreement provides for the readiness of the parties to arrange deliveries to China of Russian products from 2019. This includes jam, juice, functional nutrition and semi-finished products for industrial enterprises.
“This record agreement for the SAVA Company will help us to gain a foothold in the Chinese market by taking the position of a major player in the sweet grocery market. We are confident that together with Chinese partners and thanks to the support of the Russian Export Center, we will be able to fully use this position,” said Natalia Dunaeva, marketing communications manager of the SAVA Company.