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Transmar Group

One of the world’s largest suppliers of cocoa products, Transmar Group, is planning on opening a factory in the city of Ozyory on the outskirts of Moscow that will focus exclusively on the Russian market. The announcement was made yesterday by the company’s director Peter Johnson in an interview with the Bloomberg news agency.   

“We are optimistic and believe that the long-held Russian tradition of consuming confectionary products will continue,” he said. “The factory will focus exclusively on the Russian chocolate market, which is the second largest in the world.”

It is expected that the factory will process cocoa in a form suitable for the manufacturing of chocolate. It will be located within one day’s travelling distance from 17 confectionary factories. The raw cocoa to be processed will be imported from Côte d’Ivoire, Nigeria and Ecuador. “With the development of the logistics systems the Russian confectionary industry will switch to importing cocoa products that are carried out at the necessary periods, which is the current practice in the United States and Europe,” Johnson noted.  

According to Bloomberg, the Russian market for chocolate products currently exceeds $7.3 billion. Chocolate sales rose consistently from 2002 to 2013 before dipping by 1% in 2014. 

Transmar’s official website states that the company was founded in 1980 in Morristown, New Jersey. It has representative offices in Russia, Ukraine, Germany, Ecuador and the United States.  

24 August 2015
ITAR-TASS
Investor
Moscow region

Investor profile

Transmar Group

United States

Company's website: www.transmargroup.com

T: + 1 (973) 359-4040

Private company

Contact: Peter G. Johnson, President

Transmar Group is one of the leading suppliers of cocoa products to the chocolate, confectionary, ice cream and bakery industries. Founded in 1980, the company’s services today span the complete cocoa supply chain from bean sourcing, logistics, processing, and risk mitigation to semi-finished products 

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