Mondelez to establish biscuit manufacturing facility in Czech Republic

US food and beverage firm Mondelez International is set to establish a biscuit manufacturing facility at its site in Opava, Czech Republic, with an investment of more than $100m.

The project is part of the company’s commitment to invest in advantaged assets to drive sustainable and profitable growth.

Over the past three years, Mondelez has invested $240m across its European biscuits network, including sites in France, the UK and Central Europe.

Following completion of the project, the company will have additional capacity to keep up with future demand.

It will manufacture Oreo cookies and belVita breakfast biscuits, creating employment for 200 people.

The company stated that Oreo and belVita brands have recorded a 25% and 18% rise in net sales respectively, since 2009.

Mondelez Europe integrated supply chain senior vice president Phil Hodges said, "We’ve used all of our supply chain and R&D expertise to create a state-of-the-art factory with lines capable of making over a million Oreo biscuits a day."

"After it is completed, this plant will be a model in our global supply chain network," he added.

Earlier this month, the company reported a 56.3% rise in net earnings to $1.03bn for the third quarter of 2013, compared with $659m for the same period a year ago, driven by higher sales in Russia, Brazil and India.

Net revenues increased 1.8% to $8.47bn, compared with $8.32bn a year ago.

Mondelez International, formerly Kraft Foods, offers chocolate, biscuits, gum, candy, coffee and powdered beverages under brands such as Cadbury, Milka chocolate, Nabisco, Oreo biscuits, and Trident gum.