Swiss Economics Minister Doris Leuthard (left) and Nestlé Director General Petraea Heynike at the inauguration of the Chocolate Centre of Excellence at Broc in 2009 (Keystone) - Click to enlarge The Swiss food giant Nestlé is transfering its chocolate research centre from Broc in canton Fribourg to York in the north of England. Some 25 jobs are affected but the existing chocolate factory in the Swiss town is not threatened. On Thursday, a Nestlé spokesperson confirmed a report by the 24Heures and Tribune de Genève newspapers that 25 employees would be offered jobs either in York, Broc, or elsewhere in the group as part of the change. The decision to move the chocolate research centre from Broc to York is designed
Topics:
Swissinfo considers the following as important: Business, Dan Loeb, Doris Leuthard, Featured, Nestlé, newsletter, Petraea Heynike, Swiss Markets and News
This could be interesting, too:
Eamonn Sheridan writes CHF traders note – Two Swiss National Bank speakers due Thursday, November 21
Charles Hugh Smith writes How Do We Fix the Collapse of Quality?
Marc Chandler writes Sterling and Gilts Pressed Lower by Firmer CPI
Michael Lebowitz writes Trump Tariffs Are Inflationary Claim The Experts
The Swiss food giant Nestlé is transfering its chocolate research centre from Broc in canton Fribourg to York in the north of England. Some 25 jobs are affected but the existing chocolate factory in the Swiss town is not threatened.
On Thursday, a Nestlé spokesperson confirmed a report by the 24Heures and Tribune de Genève newspapers that 25 employees would be offered jobs either in York, Broc, or elsewhere in the group as part of the change.
The decision to move the chocolate research centre from Broc to York is designed to “improve the speed and agility of global innovation”, Nestlé said. This decision is part of a vast restructuring exercise that was launched last autumn.
The Broc research centre was inaugurated in 2009 at a cost of CHF25 million. Nestlé now plans to set up a technical unit at this location to support chocolate-related activities in Europe, the Middle East and North Africa, employing a team of 15 people.
On Thursday, Nestlé said it planned to shake up its 14-member board by nominating three new independent directors, seven months after activist investor Dan Loeb, criticised the Swiss group as being “stuck in its old ways.”
Tags: Business,Dan Loeb,Doris Leuthard,Featured,Nestlé,newsletter,Petraea Heynike