PT Unilever Indonesia Tbk (UNVR) prepares Rp1tn CAPEX to expand distribution network and ice cream market
Smaller compared to 2012 CAPEX allocation of Rp1.2tn, this year UNVR is allocating Rp1tn to develop their ice cream market as well as expanding their distribution network. Funding will come from internal cash and bank loans. UNVR is confident that the ice cream business will grow by double with the company still being in the lead with a market share of 47.8%.
(Bisnis Indonesia)
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