Swiss food giant Nestle has announced its intention to close its facility in Kinshasa, capital of the Democratic Republic of Congo, by the end of January 2018.
The company stated that the move would allow it to focus on building sales and distribution in the country, providing new arrangements to support the sustainability of the business in the country.
The factory, which was opened in 2009, produces Maggi stock cubes but the operation has reportedly posted losses .
The decision will affect 120 employees. “We are grateful for the contribution our staff have made to Nestlé’s business in the DRC”, Nestle said in a statement. “We are offering a settlement package that is more favourable than that prescribed by the local labour legislation”.
Source: Nestle / Africa News
Discover our latest reports