A change in management is imminent at Nestlé: Marc-Aurel Boersch, CEO of Nestlé Deutschland AG, is leaving the company of his own volition, Nestlé announced on Tuesday. Boersch, 54, has been in charge of the Swiss group's German business since 2019. He decided to "end his professional career earlier to find more time for new, private perspectives," it said. He is to be succeeded by Alexander von Maillot, currently jointly responsible for the global confectionery and ice cream business. He...
Dhe brand of Coca-Cola stands like no other for the triumph of global brands - and that cannot be stopped by the current wave of inflation. "Our system has never been stronger," Coca-Cola CEO James Quincey triumphed in an interview with analysts. Although the business system of his group was meant, Quincey's statement also seems to apply to the "brand economy" system as a whole. However, there is one region of concern: Europe. In Germany in particular, conflicts with retailers...
Status: 19.10.2022 3:00 p.m Nestlé products could become even more expensive in 2023. The largest food producer in the world is planning further price increases. At the same time, the group achieved the largest increase in sales since 2008. The world's largest food manufacturer Nestlé has announced further price increases - also in Germany. The group is under great pressure in this country, said Germany boss Marc Boersch with a view to the inflation rate of ten percent in September....
Answers, and fast. The president of Nestlé showed his determination to shed light on the operation of the Caudry factory (North), after the Buitoni Fraich'Up pizza scandal, during an interview on Tuesday with the Swiss television channel RTS."The quality and safety of our products" is Nestlé's "first priority", said Paul Bulcke, group president since 2017. "What happened […] invites us to get to the bottom and get the answers,” he added, saying there is “no compromise” possible on security issues.The...
These production lines at the Buitoni factory in Caudry (Nord) have become synonymous with the death of two children and dozens of poisonings. One of them could restart in November 2022 “subject to the agreement of the authorities”, announced this Thursday a spokesperson for Nestlé France. It is from these production lines that the pizzas contaminated by the E. coli bacterium come out.At the same time, the group revealed several results of internal analyzes carried out by the company itself:...
Six months after the health scandal of Buitoni pizzas contaminated with E. coli in the Caudry plant (Nord), an investigation by the Investigation unit of Radio France relays this Saturday the testimonies of employees. They denounce a reduction in cleaning time and the use of flour more sensitive to contamination. What Nestlé France denies through one of its spokespersons at AFP.The group said on Saturday that the time spent cleaning production lines at the Buitoni factory in Caudry had not...
As of: 08/13/2022 4:28 p.m Despite skyrocketing costs, international food companies like Nestlé are doing well. Because they pass the increased prices on to their customers. By Julia Kamperdick, ARD Studio Geneva Due to high inflation and supply chain problems, purchasing and raw material prices are increasing worldwide: In addition to energy and transport, packaging and foodstuffs such as cereals, milk and coffee are also becoming more expensive. The rising food prices are particularly noticeable. Because the manufacturers pass on...
Nestlé increased prices in the second quarter. The cost of many products is passed on to customers in the face of inflation. Nevertheless, customers continued to buy products such as Nespresso capsules, Purina cat food and San Pellegrino water. As a result, organic growth of 8.1 percent was achieved, as the Swiss group announced on Thursday. Of this, 6.5 percent was attributable to passing on the rising costs to customers. The remainder of the growth came from sales volume. Overall,...
Did you miss the news this early morning? We've put together a recap to help you see things more clearly.The postcard sent from space by the James Webb Telescope is breathtaking. NASA unveiled Monday the deepest infrared image of the Universe ever taken, a sumptuous snapshot showing the first galaxies formed shortly after the Big Bang, more than 13 billion years ago. This first scientific and color image of the telescope marks a “historic” day, President Joe Biden greeted at...
Nestlé France makes its mea-culpa. Its CEO Christophe Cornu presents his “apologies” to the families of the children affected by contamination linked to the consumption of Buitoni frozen pizzas. He also announced the creation of a "victim support fund", in an interview posted online Monday evening on the website of the Figaro.“Today I want to express my deepest compassion and apologize,” said Christophe Cornu, deploring “a human tragedy, where families and children are affected”.On March 18, Nestlé closed two pizza...
