Nestle
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Sweet deal: Nestle sells US candy to Ferrero for $2.8 bln
Nestle said on Jan. 16 it has agreed to sell its U.S. candy business to Italy’s Ferrero for CHF 2.7 billion ($2.8 billion/2.3 billion euros) in cash as the Swiss food giant shakes up its product portfolio.
Serbia's Gosa Violating Workers' Rights, ETUC Says
The European Trade Unions Confederation, ETUC, in its September statement marking the World Day of Decent Work, has condemned the Serbian railway carriage manufacturer Gosa for not paying its workers their wages, breaking the collective contract and refusing to negotiate with unions.
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Catalan Uncertainty Paralyzing Regional Investment, Spain's Economy Minister Says
Investment projects in the northeastern region of Catalonia have been paralyzed and the sale of a stake in state-run lender Bankia put on hold because of the current political uncertainty, Spain's economy minister said on Thursday, Reuters reported.
Ice cream factory Froneri closes down, leaving 102 jobless
Ice cream factory Froneri Hellas S.A, a joint business venture between Nestle and R&R, announced it would be suspending the operation of its plant in Tavros, Monday. The company, which employed 102 permanent staff and over 100 seasonal employees, said in its statement it was forced to shut down in an effort to reorganise and curtail its financial losses.
Athens ice cream factory to close
Froneri Hellas (formerly Nestlé) has announced the closure of its ice cream factory in the west Athens neighborhood of Tavros, citing measures being taken to alleviate financial difficulties the company is facing.
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This infographic shows how only 10 companies own nearly all the world’s food brands (PHOTO)
Just when you think there’s no end to the diversity of junk food lining supermarket aisles, an insanely detailed infographic comes along to set us all straight. Out of the hundreds of products at our disposal, only ten major corporations manufacture the bulk of what we toss in our shopping carts.
Delight for the palate
Pistachios and chocolate: These two have an affinity for each other according to the Turkish palate. All Turkish patisseries feature a chocolate specialty with pistachios; chocolate ganache cake is almost always sparked with bright green pistachios; I bet there is not a single pastry shop in the whole country that does not have a chocolate-pistachio combo product on its shelves.
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Products withdrawn from supermarket shelves after acid contamination scare
Coca-Cola, Unilever, Nestle and Delta have preemptively removed products from retail outlets across Attica after an anti-establishment group warned it had contaminated products with chlorine and hydrochloric acid.
In a statement Wednesday, Greece's food authority (EFET) said it was working in close cooperation with police to protect consumers.
Bitter backlash for Iraq's 'no chocolate' cleric
Iraqis took to social media on Feb. 22 to pile ridicule on a cleric who said in a sermon that people should cut down on chocolate bars to fight the economic crisis.
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11 companies that proposed 250-300 euros/month for Greek workers
A number of multinationals are exploiting the Greek crisis by taking advantage of the large numbers of unemployed. Daily To Vima listed 11 multinationals that called for wages at 250-300 euros so that they could continue operations in Greece a few months ago. It is worth recalling which multinationals are exerting this pressure: