Nongshim to establish Russian subsidiary to expand Eurasian presence

Nongshim Co., South Korea's leading instant noodle maker, said Wednesday it will establish a subsidiary in Russia in June as part of its strategy to expand into the Eurasian market. Nongshim will set up Nongshim Rus LLC in Moscow to meet growing demand for instant noodles, called ramyeon, in Russia and the Commonwealth of Independent States, the company said in a press release.