Orimi Trade Invests $25 Million in its Tea Factory

Orimi Trade started implementing investment program aimed at expanding its tea production facilities. The investment project for "Nevskiye porogi" factory will result in significant increase in the number of tea packaging machines. The company plans to install 40 machines of the latest design for the production of teabags with string and tag. The whole process – from feeding dry tea to machines to wrapping packs in cellophane tape – will be fully automated. In addition, each teabag produced on the new line will be packed in a special sachet made from multi-layer material that will preserve unique taste of tea for long time. The equipment will be produced accordingly to the order of Orimi Trade by Italian company IMA, the industry leader and a long-term partner of Orimi Trade.

Expanding production facilities is planned to be completed in the third quarter of 2006 and will lead to doubling of teabags production by Orimi Trade. The investment is a response to the growing consumer demand for company products that is buoyed by strong sales of Greenfield teas, the premium line produced under the order and control of the British company Greenfield Tea LTD, owner of the brand.

After realization of the project that is to cost about 25 million US dollars the total value of investments in Nevskie Porogi factory will amount to $65 million.