Mondelēz International opens US$90m ‘Factory of the Future’ in Bahrain

USA - Mondelēz International, an American multinational food and beverage company has inaugurated its newest “Factory of the Future” in the Kingdom of Bahrain as it aims to meet the growing consumer demand. The company invested US$90 million in the state-of-the-art biscuit manufacturing plant that produces iconic Power Brands, including Oreo cookies and Barni soft…

Cadbury Nigeria launches new program to promote healthy living

NIGERIA - Cadbury Nigeria has launched a healthy lifestyle programme to promote healthy living among children and families by providing nutrition education, active play and fresh foods. This is part of Mondelēz International Foundation’s US$50 million multi-year initiative to promote healthy lifestyles and address obesity in ten countries including Argentina, Australia, Egypt, France, Nigeria, Russia,…

Cadbury Nigeria returns to profitability in full year 2017

NIGERIA - Cadbury Nigeria Plc, reported its full year 2017 results on Monday, with the Bournvita maker posting a net profit of ₦300m ($826,000). In the same period in 2016, the company recorded a net loss of ₦296m. The positive performance was driven by a 10% growth in sales to ₦33bn ($90 million) from ₦29.9bn.…