Nestlé has announced plans to invest CHF 40 million (approx. $42.7 million) into a new production site in Smolyhiv, in the Volyn region of western Ukraine.
The company’s Torchyn factory and Volyn Production Network will together comprise Nestlé’s European regional hub for food and culinary products, employing around 1,500 people and supplying markets across the continent. The rare wartime investment in Smolyhiv is aimed at increasing the capacity of noodles culinary production in Ukraine.
In a statement, Nestlé said it “is the first multinational company… [to announce] new investments to take concrete steps to ensure progressive development in Ukraine”. The expansion is set to provide new job opportunities and support the growth of the Ukrainian economy.
Nestlé’s CEO of the southeastern Europe market, Alessandro Zanelli, said: “I am proud to confirm our commitment to invest in Ukraine. This is an important move for Nestlé, taken in a very challenging time for the country. We aim to create a food and culinary hub, ensuring incremental jobs and serving the needs of Ukrainians and all European citizens with high-quality products.”
Since the beginning of the invasion, Nestlé has provided humanitarian aid to Ukrainians, including donating more than 4,000 tons of products to those affected.
By Phoebe Fraser
Source: foodbev.com
Danone has appointed Carla Hilhorst to the newly created position of senior vice president of research and innovation categories and zones, as the company looks to make science the heart of its business. Hilhorst, who brings over 30 years of experience in research and innovation, will report directly to Isabelle Esser, Danone’s chief research, innovation, quality and food safety officer.
The move, part of Pernod Ricard’s strategy to enhance its premiumisation efforts, will allow the company to focus more resources on its portfolio of premium international spirits and champagne brands that drive the growth of its business. This decision aligns with the company’s commitment to delivering sustainable value for shareholders, employees, clients and partners.
Schai – who is the current CEO of Swiss chocolate company Lindt & Sprüngli’s Australian operation – has previously worked with Aryzta from 2015-2018, where he served in roles including managing director for Asia Pacific and global strategic business lead (McDonald’s). The fast-food giant McDonald’s is one of Aryzta’s significant clients.
