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Pulmuone Co Ltd

The second (following a Chinese) plant to bottle artesian Baikal water will go up in Buryatia, Russia. Pulmuone Co Ltd in Health and Wellness, South Korea, signed an agreement committing to the investment project in Ulan-Ude. ‘The plant’s projected capacity is 500,000 tonnes a year,” General Director of Buryatia’s Regional Development Fund Anatoly Dumnov said at the signing ceremony. According to the terms of the agreement, investment in the project will reach approximately $20m, with South Korea viewed as the main market for its products. According to Dumnov, bottled water will be carried along the Baikal-Amur mainline to the Far Eastern sea ports. The plant, covering an area of roughly 10 hectares, will be located in the North Baikal region, 43 km away from the town of Severobaikalsk. The water will be extracted from a deep-water artesian well in the lake. “The project will create over 100 workplaces,” the source in the Regional Development Fund added.

In the spring of 2015, a Chinese investor, Beijing international trading company “The Well of the Earth,” and the government of Buryatia agreed to carry out a facility to bottle deep Baikal water in the township of Vydrino on the banks of Lake Baikal in the republic’s territory.

16 December 2015
Kommersant
Investor
20.0 mln
Jobs: 100
Republic of Buryatia

Investor profile

Pulmuone Co Ltd

South Korea

Company's website: www.pulmuone.com

T: 82-2-2040-4400

Public company

Contact: Seung-Woo Nam, CEO

South Korean food producer

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