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New Manufacturing Plant Will Be Constructed by BMW in Brazil
Dec 19, 2013German carmaker BMW Group has started construction of a new manufacturing plant in Araquari, Brazil. This move by the automotive giant is aimed at achieving balanced growth in several markets. With this new plant, the group is further ...
Tags: BMW Group, Manufacturing Plant
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Volkswagen Group Is Aiming to Strengthen Overseas Presence by Building a Production Plant
Sep 16, 2013German carmaker Volkswagen Group is planning to strengthen its overseas presence by setting up a production plant in Southeast Asian markets, in order to offset the declining demand in the European market. Volkswagen, which currently has ...
Tags: Volkswagen, carmaker
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Danone Reveals It Plans to Cut 900 Jobs From Its Operations in Europe
Feb 20, 2013Danone today (19 February) revealed it plans to cut 900 jobs from its operations in Europe in a bid to revitalise its business in a region where sales fell in 2012. The Activia firm said in December it wanted to reduce its costs in Europe ...
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Kerry Foods Is Launching a New Scottish Range of Regional Specialities
Jan 29, 2013Cof its fiscal year, benefiting from the knock-on effect of acquisitions and higher volumes. For the nine months to the end of December, Pinguin Lutosa reported net sales up by almost 32% on the same period of the previous year, to ...
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Danone Has Unveiled to Generate Eur200m Savings in Europe in The Next Two Years
Dec 19, 2012French dairy firm Danone has unveiled a cost reduction and adaptation plan to generate EUR200m savings in Europe in the next two years. With this move, the company is seeking to address the significant decline in sales in the region and ...
Tags: dairy firm Danone, cost reduction, adaptation plan, EUR200m savings
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Danone Is to Cut EUR200m in Costs From Its European Operations
Dec 14, 2012Danone is to cut EUR200m (US$261m) in costs from its European operations in a bid to "win back its competitive edge" in the region after falling sales. The French food giant said it would "adapt" its management structure in Europe and ...
Tags: Danone, costs, European operations
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BMW Is Planning to Invest Eur200m to Build a New Vehicle Manufacturing Plant in Brazil.
Dec 3, 2012German carmaker BMW is planning to invest EUR200m to build a new vehicle manufacturing plant in Brazil. Construction at the new plant is expected to start in April 2013 and production is scheduled to commence in late 2014. The company ...
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Daimler Has Begun Production of The New 'smart Fortwo' Electric Drive Car in France
Nov 27, 2012German luxury carmaker Daimler has begun production of the new 'smart fortwo' electric drive car at its Hambach facility in France. According to the carmaker, the new two-seater electric vehicle (EV) will be powered by a 55kW electric ...