The first line of the TyChe Milk Industry LLC plant has been launched on the territory of the Kaluga industrial-type special economic zone in the Borovsky district. The ceremony was held as part of the Russian-Vietnamese Business Forum. This is stated in the message of the bank.
VTB finances the dairy farms of TH Group, which was the first Vietnamese company to localize its production in Of Russia. The Bank supports the construction of farms in the Moscow and Kaluga regions.TH Group is a Vietnamese company specializing in dairy products and other food products. It is the largest milk producer in Vietnam, where it controls 50% of the market. The products are exported to 39 countries, including the USA, the EU, Japan, China and the ASEAN countries. The company employs more than 10 thousand people.
VTB Group is a Russian financial group comprising more than 20 credit and financial companies operating in all major segments of the financial market. The Group has subsidiaries and associated banks in Armenia, Belarus, Kazakhstan, Azerbaijan, Vietnam, a branch in India, and a branch and representative office in China.
