Nestlé Romania has confirmed that it is to invest a further €3.5
million in its factory in Timisoara, as the company reaffirms its
ambitions to dominate the all-important wafer market in the region.
Nestlé saw a decrease in revenue and profits in 2003, but the
company has managed to stay within its targets for organic growth
and claims that it is "cautiously optimistic" for 2004.
Forging a deeper share of the fat replacer market, the Circle Group
Holdings subsidiary FiberGel Technologies will supply its Z-Trim
zero calorie fat substitute to Swiss food giant Nestle, under a new
link-up announced this week.
The European Commission has approved the proposed functional
confectionery joint venture between Swiss consumer goods company
Nestlé and the US-based personal care company Colgate-Palmolive,
but approval is just the first of several...
Nestlé Rowntree has already got itself into trouble with its Yorkie
chocolate bar featuring the tagline 'Not for Girls' but appears
happy to step on a few more toes with the latest development for
the brand.
Nestlé's popular confectionery brands will soon be found on a range
of cakes and muffins in most of the UK's major retail chains
following a deal aimed at lifting the Swiss group's share of UK
cake sales.
The global reach of Nestlé means that it is particularly
susceptible to currency effects, and first half sales at the
confectionery-to-mineral water group were down 6.3 per cent as a
result.
UK arm of Nestle will cut type of fat linked to heart disease. The
move reflects increasing pressure on food manufacturers to reduce
the levels of trans fatty acids (TFAs) and comes in the same week
that US government announces all...
Nestlé is to team up with Colgate-Palmolive to help develop the
latter's range of breath freshening chewing gum, a deal which could
be extended to other products if initial sales are a success.
Swiss food group Nestlé has reported solid organic growth for the
first quarter of 2003, stressing the importance of product
innovation during the period, but chocolate sales were affected by
the late Easter.
Nestlé is the most popular chocolate producer in Russia, but other
international companies still play second fiddle to the numerous
local (or even regional) producers there. But the market is set to
grow over the next five years,...
