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Latest Nestlé news and updates from Switzerland. AI-curated articles covering Nestlé topics.
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The Swiss food giant faces a potential state takeover of five Russian subsidiaries after a local logistics firm petitioned President Vladimir Putin. The move, which could precede a change of ownership, highlights the escalating risks for Swiss companies still operating in Russia.
14 days ago · 1 source
Business
Swiss food giant Nestlé faces the potential loss of control over five Russian subsidiaries after a local logistics firm petitioned President Putin for their "temporary state administration." The move, citing a lack of expansion by Nestlé, has sent ripples through the Swiss market and highlighted the escalating risks for foreign companies in Russia.
SWI swissinfo.ch
Business
Swiss food giant Nestlé is restructuring its portfolio by spinning off its water business, including brands like Perrier and San Pellegrino, into a joint venture with US private equity firm Platinum Equity, valuing the new entity at €4.9 billion.
SWI swissinfo.ch
Corporate Accountability
An investigation by Radio France, RTS, and RTBF reveals that Nestlé identified infant formula contaminated with a dangerous toxin weeks before a global recall was triggered, opting for 'discreet' product withdrawals without immediately alerting authorities.
SWI swissinfo.ch
Health
A joint media investigation has uncovered how Swiss food giant Nestlé organized 'discreet' recalls of infant formula contaminated with a dangerous toxin, raising serious questions about the timeliness of its alerts to authorities.
SWI swissinfo.ch
Business
Swiss food giant Nestlé is under pressure on multiple fronts. French authorities have conducted surprise searches at Nestlé Waters sites as part of a fraud investigation. Simultaneously, a French parliamentary report has criticized both the government and manufacturers, including Nestlé, for 'shortcomings' in handling the recent infant formula scandal.
SWI swissinfo.ch · +1 more
Business
Unannounced inspections have been carried out at two Nestlé Waters sites in France, including the Perrier plant in Vergèze, as part of a fraud investigation initiated by the Paris public prosecutor following a complaint from an NGO.
SWI swissinfo.ch
Business
Swiss food giant Nestlé is navigating multiple international challenges. The company plans to cut up to 180 support jobs in France as part of a cost-saving measure, while simultaneously facing legal claims from Chinese distributors who allege the company forced them to buy unsellable excess stock.
SWI swissinfo.ch · +1 more
Business
Chinese distributors are demanding refunds from Swiss food giant Nestlé, claiming the company pressured them to buy excessive stock of infant formula and milk powder as market demand fell. The dispute has left distributors with unsellable inventory and mounting debts.
SWI swissinfo.ch
tourism
A new large-scale, chocolate-themed park is planned for Broc in the canton of Fribourg, with a total investment of CHF 400 million. The project, a partnership between Nestlé Switzerland and Jogne Invest, will expand the existing Cailler museum at the historic chocolate production site.
Le News
public health
The Federal Food Safety and Veterinary Office has launched an investigation into recalls of infant milk from major brands like Nestlé and Danone. The action follows reports of contamination by cereulid toxin and fifteen related cases of illness in Switzerland.
SWI swissinfo.ch
Business
Following a period of turmoil, Nestlé’s new chief executive, Philipp Navratil, is planning a major strategic overhaul to boost growth by reorganizing the multinational around four key pillars: coffee, petcare, nutrition and health, and food and snacking.
SWI swissinfo.ch
Nestlé
Facing pressure to reignite growth, Nestlé's new CEO Philipp Navratil is planning a significant strategic overhaul. The food giant will be restructured around four main 'pillars': coffee, petcare, nutrition/health, and food/snacking. This move follows the recent announcement of 16,000 job cuts.
SWI swissinfo.ch
Health
Consumer rights NGO Foodwatch has filed a legal complaint in Paris involving Swiss giants Nestlé and Hochdorf after a mass recall of infant milk. The action alleges the presence of a toxin in some batches and is brought on behalf of families whose children fell ill.
SWI swissinfo.ch
Consumer Protection
The consumer rights organization Foodwatch has lodged a legal complaint in Paris involving Swiss giants Nestlé and Hochdorf, regarding infant milk recalled for containing a toxin. The action is on behalf of several families whose children fell ill.
SWI swissinfo.ch
Nestlé
What began as a crisis for Nestlé has expanded into an industry-wide issue, as French rivals Danone and Lactalis also recall baby formula products due to the detection of the toxin cereulide, raising concerns about a broader supply chain contamination.
SWI swissinfo.ch
Food Safety
The food safety crisis involving cereulide contamination has expanded from Nestlé to French rival Danone. The recall has also affected the Swiss brand Bimbosan, raising broader concerns about the dairy industry's raw material supply chain after the toxin was detected in an ingredient from a shared supplier.
SWI swissinfo.ch
Business
Swiss food giant Nestlé's CEO has issued a public apology following a large-scale recall of baby food products triggered by a quality issue with a raw ingredient from a supplier. The company has now completed the voluntary recalls across all affected markets.
SWI swissinfo.ch
Nestlé
Food giant Nestlé has issued a large-scale recall for infant formula products, including those under the Beba brand, after discovering potential contamination with a toxin. The recall affects consumers in Switzerland, Germany, and Austria.
Le News
Health
Food giant Nestlé has initiated a large-scale recall of infant formula, including Beba brand products sold in Switzerland, after detecting potential contamination with a toxin. The recall affects several European countries.
Le News
