hybrid warehousing , IT systems and production machinery ; this expansion is scheduled to be complete in 2021 . In addition , we are continuing to work on exporting to Russia . Today the economic climate is much better now , both in terms of currency rate , custom duties and increased acceptance of foreign products .”

When it comes to partners , Wedel ’ s key long-term partnership is with its owner LOTTE . For both LOTTE and Wedel this partnership is mutually beneficial in that it provides further market access and helps to develop innovative products and business operations . At the same time , cooperation between Wedel and LOTTE is based on

109 www . manufacturingglobal . com