Tag Archives: Nestlé

A 2013 fire in Korindo’s palm oil concession in Papua. Nestlé suspended Korindo last year but Greenpeace claims it still sources from Korindo’s subsidiary PT Mitra Indo Cemerlang. (Ardiles Rante/Greenpeace) The environmental group Greenpeace claims that the Swiss food giant procured palm oil from suppliers linked to around 9,700 fire hotspots in Indonesia this year. A Greenpeace reportexternal link released on Monday examines the supply chain of four major food...

Environmental activists have previously called attention to the excessive use of single-use plastics by large corporations such as Nestlé, which in April 2019 received a giant monster made of plastic waste from Greenpeace at its Vevey headquarters. The Swiss food giant has been placed second behind Coca-Cola in an audit of plastic waste by a coalition of environmental organisations. The results of the analysis, released on Wednesday by the Break Free From...

Nestlé employs almost 10,000 people across Switzerland. (© Keystone / Jean-christophe Bott) Nestle is planning to restructure its operations in the Swiss city of Basel. Up to 100 jobs are threatened by cuts or moving production abroad. Some 177 people are employed at Nestlé’s Basel plant, 100 of which could be under threat over the next 18 months, the Swiss food giant announced on Thursday. The diverse range of products...

Along with Migros, Coop is one of the leading grocery supermarket chains in Switzerland. Swiss supermarket chain Coop is refusing to stock products from food producing giant Mars in a dispute over prices. The retailer is part of a European buying consortium whose other members will also boycott Mars, Twix and Bounty confectioneries. The dispute is over how much retailers must pay for the good they stock on their...

Last week, Nestlé announced plans to cut its Swiss workforce by 580. The plans involve restructuring its IT department, with a focus on extending its technology hub in Spain. Over the next 18 months, this re-organization could lead to a reduction of up to 500 IT positions in Switzerland, said the company. A source close to Nestlé told Le News that around two thirds of the cuts will occur in Vevey and the remaining...

“Nestlé remains fully committed to its home base in Switzerland”, wrote the company in a press release. Swiss food giant Nestlé plans to cut as many as 500 computer-service jobs in Switzerland as part of a restructuring plan to increase profitability, the company announced on Tuesday. Nestlé will be outsourcing the IT jobs to Spain, according to a press release published on the company’s website. “We understand that...

Roger Federer's continued success plays a part in Rolex's image (Keystone) - Click to enlarge Swiss watch brand Rolex has topped a ranking of the world’s most reputable brands for a third year in a row. Rolex beat Danish toy firm Lego for the top spot, while Swiss food manufacturer Nestlé jumped 21 places to rank 33rd. The Reputation Institute compiled the list in its annual Global RepTrack 100external link,...

According to Swiss broadcaster RTS, Swiss retailer Coop, along with five other members of AgeCore SA, a Geneva-based purchasing alliance, have decided to boycott a large number of Nestlé products in the hope of striking a better deal on price. Coop Haupsitz, Hochhaus, Aussenansicht © Coop - Click to enlarge Sales to AgeCore SA members, which include Coop in Switzerland, Intermarché in France, Edeka in Germany, Conad in...

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...

Investec Switzerland. Nestle SA forecast the slowest full-year sales growth in more than a decade as food companies worldwide struggle against consumer resistance to price increases. Revenue will gain about 3.5 percent on an organic basis in 2016, the Vevey, Switzerland-based maker of Nespresso coffee said Thursday, abandoning a goal for an increase of about 4.2 percent. Growth in the consumer-goods industry is “relatively fragile,” Chief Financial Officer Francois-Xavier...