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Nestlé: Together Towards a Promising Future
Nestlé, the world's largest food manufacturer, was established in 1866 in Switzerland. Worldwide company sales in 2005 reached RMB 599 billion.
Nestlé is the world's largest manufacturer of soluble coffee, chocolate and confectionery, powdered and condensed milks, infant nutrition, mineral waters, bouillons and seasonings, as well as petcare. The Nestlé Group is also involved in non-food-related products, including ophthalmic products (Alcon) and a minority participation in the L'Oreal cosmetics group. Nestlé operates 487 factories worldwide and employs 253,000 people.
Nestlé established its first trading office in Shanghai as early as 1908. In order to better serve the entire China area, Nestlé opened its Corporate Head Office in Beijing in 1996. To date, Nestlé in Greater China Region has made an investment of some RMB 7 billion and operates 21 world-class factories. 99% of Nestlé products sold in Mainland China are locally manufactured. Nestlé in Greater China Region employs more than 12,000 people, and total sales reached RMB 11.2 billion in 2005.