Swiss food company Nestlé has opened its first research and development (R&D) center in India, with an investment of CHF50m ($52.85m) in order to gain greater understanding of Indian consumers, traditional ingredients and local ...
Tags: greater understanding of Indian consumers, traditional ingredients
Nestlé has also opened a CHF16m($16.52m)facility in Luanda,Angola,a move which will strengthen the company's presence in Africa. This investment is a part of the company's three-year program launched in 2010,which aims at investing ...
Tags: Nestlé, investment, beverage, brand
The Nestlé Group has reported 11% increase in total sales to CHF67.6bn ($73.1bn) for the first nine months of 2012. Zone Americas has reported CHF20.9bn ($22.6bn) sales. In North America, both soluble coffee and coffee creamers: ...
Tags: NestléNutrition, sales, Infant Nutrition
Nestle has opened its first R&D facility in India, its latest move to have more sites looking at innovation located in emerging markets. The company has invested CHF50m (US$52.7m) in the centre, which is located in Manesar close to ...
Tags: Nestle, opened, first R&D facility, invested, dairy, noodles
Swiss food and dairy giant Nestle has opened two production plants in South Africa. The facilities, based in the town of Babelegi in Gauteng province, will manufacture Milo and Cheerios breakfast cereals and Maggi noodles. This will be ...
Tags: food, dairy, Nestle, opened plants, South Africa, inverstment
Nestle's share price increased this morning (9 August) as the Kit-Kat maker booked an increase in first-half profit and reaffirmed its full-year guidance. The Swiss food giant reported an 8.9% increase in earnings of CHF5.12bn (US$5.26bn) ...
Tags: food, share price, emerging markets, price rises, cost-cutting, water
Nestle has opened its first facility in Angola, which it says will act as a "finishing centre" for its Nido milk powder. The CHF16m (US$16.5m) facility in Luanda will eventually be extended to also manufacture products including Nescafe, ...
Tags: Nestle, Angola, milk powder, Nescafe, opened facility