Nestle Plans to Double Middle East Sales By 2017, CEO Says
This article is for subscribers only.
Nestle SA, the world’s largest food company, plans to double its sales from the Middle East in the next seven years as it invests in new plants to tap the region’s growing spending power, its chief executive officer said.
"We see a growth potential for our integrated portfolio here," Paul Bulcke told reporters today after inaugurating a plant in Dubai. ’’The growth is broad-based and that’s why we’re investing in the region.’’