McCain is set to begin the construction of its first plant for the production of French fries in the Russian Federation. In June McCain Foods Holland B.V. & McCain Europa BV established McCain Foods Rus LLC in the city of Uzlovaya, Tula Region, whose activities include the production of finished products and dishes, and the processing of potatoes.
A source in the market confirmed that McCain working on a project of a plant for the production of French fries, which is supposed to be placed in the SEZ "Uzlovaya". Among the conditions for investors are zero import duty and VAT rate until 2065, and the first ten years, the income tax rate is 2%. In the European office McCain prompt comment was not provided. The Development Corporation of the Tula region said that they could not yet disclose information about the project.
