Produkty Pitania published 2004 performance results
— 2005-03-24 —

Produkty Pitania published its 2004 performance results. Last year the company delivered 88.4 tons of products. Production increased by 32% in 2004. In 2005 the company will further expand its production facilities, distribution network and product range and will implement active marketing policy to promote its umbrella brand Zolotoy Petushok.

Produkty Pitania President Stefano Vlahovich says in 2005 the company will further increase production volume by 43% to 126 thousand tons a year.
In the last four or five years Russian frozen foods market nearly doubled. Produkty Pitania estimates that 2004 frozen convenience foods market in Russia was $1.7-1.8 billion, which exceeds 2003 data by 15-17%.

Today Produkty Pitania offers 39 types of products in different categories of frozen convenience foods under Zolotoy Petushok and Domashnaya Skazka brands.// RBC