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Heladiv grows tea exports in Russia, Iraq and Iran

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milanka

milanka
Vice President - Equity Analytics
Vice President - Equity Analytics

The largest markets for the top five Sri Lankan tea exporters are Russia, Iraq and Iran, according to a statement by the country's HVA Group, the owner of export tea brand Heladiv. It also stated that, after over 20 years of operation, it had "increased its competitiveness by laying the foundation in all these markets - making a rapid growth in both value added and bulk tea exports and offering a variety of innovative products matching the needs of the discerning customer."

HVA revealed that it had recently been certified by Iran, by way of its GMP authorisation scheme, as a production centre to supply Ceylon Tea to that country, a move that will strenghten its Middle Eastern presence. This is a part of an ongoing "major expansion drive" by the company which includes "local strategic development as well as regional manufacturing facilities as joint venture operations."

Also noted, as an example, the progress of its flagship, Heladiv Iced Tea brand which was indicated as helping to make inroads for the Heladiv brand in "key markets where the youth is driving growth." (JH)
http://www.sundaytimes.lk/110626/BusinessTimes/bt21.html

http://forum.srilankaequity.com/u188

m2_yapa

m2_yapa
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Interesting article...there is something hidden in this news...

ABEST


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

The Company aims to become one of the most recognized and respected tea brands in the world. The strategy used for this will be to consolidate the brand in countries where there is already a presence whilst increasing the market share elsewhere. In this regard an aggressive marketing campaign will be launched from the beginning of 2011 to attract new buyers/ agents particularly in new countries.

“HELADIV” brand, having been established in Russia and Ukraine will expand its reach in other CIS countries including Kazakhstan, Belarus, Azerbaijan, Uzbekistan, Georgia etc. Russia at present consumes approximately 240 million kilos of tea per annum out of which Ceylon Tea share is approximately 50-60 million kilos . It is the aim of the company to increase its market share by as much as 25% year on year in this region.

Neighbouring India is also a major tea consuming country. The FTA between India and Sri Lanka will be useful for establishing a joint venture particularly for a chain of tea cafes and boutiques.

In the west the American market has potential for tea variations, other than normal tea bag business. Ready-to-drink Ice Tea has the best potential in the USA . Tea variations with the inclusion of herbs and tea applications in the life style product category similar to the Body Shop will be pursued through showcasing the Company's products at strategic exhibitions in the US.

It is also the vision of the Company to have offices in strategic markets. With this in mind HELADIV has initiated a programme for joint ventures in India, Indonesia and Vietnam.


ASIA
China Hong Kong
Japan New Zealand
Malaysia South Korea
Singapore Philippines
Taiwan
Thailand
Australia
Maldives
USA/CANADA
Canada
USA
Barbados
Jamaica
St. Lucia
St. Vincent
Trinidad
Belize

CIS/EUROPE
Russia
Ukraine
Lithuania
Latvia
Belarus
Germany
United Kingdom
Kazakhstan

http://www.heladiv.com/

if i wrong please correct me

not recommended to buy, sell or hold any share

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