All news articles for January 2004

Job cuts continue at IFF

Job cuts continue at IFF

International Flavors and Fragrances (IFF) reports continuing job
cuts and a drop in profits for fourth quarter. But stronger flavour
sales in North and South America helped offset a weaker scenario in
Europe.

Kraft pulls out of Hungary

Kraft pulls out of Hungary

Kraft Foods has said that it will close down its only production
facility in Hungary and move production elsewhere. The company has
hinted that production of confectionery and coffee could shift to
Slovakia and Austria.

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