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Wimm-Bill-Dann

February 25, 2005

Wimm-Bill-Dann continues to invest in modernizing Ukrainian production base

The new dietetic products line with a total area of square meters, equipped with machines produced by MLEKOMAT Company (Poland), has been put into operation in the plant?s whole milk department. The equipment consists of:
Pasteurization-cooling unit with deodorizer and homogenizer (production capacity — 10 thousand liters per hour);
Group of normalization tanks (total capacity — 36 thousand liters);
Group of fermentation tanks (total capacity — 100 thousand liters);
Centralized cleaning station;
Packaging collector.

The modernization will allow the Company to improve product quality, increase the shelf life of products and enhance production volumes of pasteurized milk, kefir, ryazhenka, drinkable yogurts and cream. In addition, the production of new juice and milk products will be established at the plant. The cost of the project totalled over US$ 1.3 million.

„The installation of this modern, high-tech equipment opens up new possibilities for enhancing product quality and assimilating new technology,“ Tamara Homyshenko, the plant?s Chief Technologist, said. „In particular, the new system for product cooling after ripening allows fast cooling of natural fermented dairy products, which means their organoleptic indicators can be preserved for up to 14 days as well as the improvement of microbiological characteristics.“

The new compressor station has a total area of 216 square meters and is equipped with machines produced by York Refrigeration (Denmark). This equipment will enable significant reductions in energy costs, as well as provide additional capacity for the storage of dairy products. The investment in the project amounted to more than US$1.38 million.
These investments were undertaken as part of a Company-wide program to modernize Wimm-Bill-Dann?s production base. This program aims to meet consumer demand and enhance operating efficiencies through the introduction of leading-edge technology to the manufacturing of dairy products to meet world quality standards.
 
Wimm-Bill-Dann Foods OJSC
16 Yauzsky Boulevard, Moscow, Russia
Phone: +7 095 733-97-26/9727
Fax: +7 095 733-97-25
web: https://www.wbd.com
E-mail: motovilova@wbd.ru


Some of the information in this press release may contain projections or other forward-looking statements regarding future events or the future financial performance of Wimm-Bill-Dann, as defined in the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. We wish to caution you that these statements are only predictions and that actual events or results may differ materially. We do not intend to update these statements to conform them to actual results. We refer you to the documents Wimm-Bill-Dann files from time to time with the U.S. Securities and Exchange Commission, including our Form F-1. These documents contain and identify important factors, including those contained in the section captioned “Risk Factors” in our Form F-1, that could cause the actual results to differ materially from those contained in our projections or forward-looking statements, including, among others, potential fluctuations in quarterly results, our competitive environment, acquisition strategy, risks associated with operating in Russia, volatility of stock price, financial risk management, and future growth subject to risks.

 

 

 

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