Nestlé Opens New Distribution Centre in Egypt's Luxor As Appetite SoarsSource: www.export-egypt.com 5/3/2014, Location: Africa |
|
|
|
|
|
Nestlé S.A., the world's leading nutrition company, has inaugurated on Wednesday a new distribution centre in Egypt's Luxor. The move will help meet growing demand for Nestlé brands across the Upper Egypt area.
The new distribution centre will now get to consumers from Luxor, Aswan and Qena at a faster pace. From his part, Nestlé Egypt's CEO Suresh Narayanan stated that the new distribution centre is very vital to Nestlé's growth in Upper Egypt. He added that the new distribution centre will contribute to increase the number of employees working in Upper Egypt office by 50%. The newly-launched centre is three times larger than the old one, designed to manage the capacity increases and adapt the Group's products to the customers' needs and preferences, he noted. Nestlé Egypt is a wholly owned subsidiary of Nestlé S.A. in Switzerland, the largest food and wellness company worldwide. Nestlé started its activities in Africa by the end of the nineteenth century and has deep-rooted its industrial presence in 1927 by opening its first plants in South Africa. The company today operates 24 factories in the African Continent and provides nearly 29,000 direct employment opportunities and more than 50,000 indirect jobs. Its products are sold in all 54 African countries. Nestlé products have been present in the North East African markets since over a century. |
|
|
Financials and Investment News in Egypt >> |
 |
|||||
|
Egypt >> 11/21/2024 - An International Monetary Fund (IMF) mission led by Ivanna Vladkova Hollar wrapped up in-person discussions with Egyptian authorities in Cairo regardi...
|
Egypt >> 11/21/2024 - The Engineering Export Council of Egypt (EEC) revealed that engineering industry exports increased by 25.6 percent from January to September, reaching...
|
|
Egypt >> 11/20/2024 - Prime Minister Dr. Mostafa Madbouly held a meeting this morning at the government headquarters in the New Administrative Capital with Mr. Chang Won Sa...
|
Egypt >> 11/20/2024 - Egyptian Prime Minister Moustafa Madbouly, with Mahmoud Esmat, Minister of Electricity and Renewable Energy Minister, and Sultan Al Jaber, UAE Ministe...
|
|
Egypt >> 11/20/2024 - Egypt and Australia have seen a significant surge in their bilateral trade relationship, with the trade volume increasing from $270 million in 2015 to...
|
Egypt >> 11/20/2024 - Egyptian Prime Minister Moustafa Madbouli chaired the Cabinet’s weekly meeting in the New Administrative Capital.
The Cabinet is set to add... |
| Egypt Oil & Gas 1 >> 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 | 50 | 51 | 52 | 53 | 54 | 55 | 56 | 57 | 58 | 59 | 60 | 61 | 62 | 63 | 64 | 65 | 66 | 67 | 68 | 69 | 70 | 71 | 72 | 73 | 74 | 75 | 76 | 77 | 78 | 79 | 80 | 81 | 82 | 83 | 84 | 85 | 86 | 87 | 88 | 89 | 90 | |
