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DyDo DRINCO to expand vending machine business in Moscow

Published 27 November 2013

Japan-based beverage manufacturer DyDo DRINCO will set up a wholly owned subsidiary DyDo DRINCO RUS in Moscow to expand its beverage vending machine business in the country by the end of January 2014.

Anticipating JPY5bn ($0.04m) sale for 2018, the company will install 500 beverage vending machines by 2014 and is aiming to increase to 10,000 units by 2018 in Moscow.

Manufactured in Japan, the beverage vending machines will sell both, hot and cold beverages, from the same unit. It will offer Japanese coffee, juice, and soft-drinks, packaged in cans and plastic bottles.

There are currently 15,000 vending machines set up throughout the city, with plans for a six-fold increase to 90,000 units by 2015.

The vending machines will be installed in heavy pedestrian traffic locations like roadsides, universities, parks, rails and metro stations, office buildings, and retail facilities.

DyDo DRINCO's executive officer Naokazu Hasegawa said, "Moscow is Europe's largest city with 11 million people, and it is an attractive market with high levels of both consumption and income."

DyDo DRINCO RUS will hold business management, marketing, and beverage wholesale functions, while operation management of the vending machines will be outsourced to Avalon Group LLC.