09.01.01
Nestle, Vevey, Switzerland, will launch a wide-ranging restructuring to start in Switzerland, Chile, Bolivia, Peru, Malaysia and Singapore, where the group management wants to review the working and the administration of the company through new technologies on the Internet. The objective is to transform the Swiss company into a “modern network,” which would replace the current “federation of kingdoms.” This project, representing a SFF3bn investment, should yield a SFF3bn savings starting in 2006.