Nestle Planning To Close Its DR Congo Factory

 Nestle announced on Sunday that it will close its factory in Kinshasa, the capital of the Democratic Republic of Congo, to a potential market of 80 million people, but to those who are affected by poverty and political instability. "We will finish the factory and offices by the end of January and continue to develop our economic distribution model through third parties," the AFP spokesman said. The decision affects 120 people and Nestle will offer employees of seized workers "a number of compensatory measures more favorable than those prescribed by local labor laws," she said. Nestle has been in the country since 2009 and has opened a factory that produces Maggi cubes but has since lost losses. Investment gigantic investment of 15 million Swiss francs ($ 15 million) was the driving force of DR Congo, which, like other Central African countries, seeks to grow its industrial base and deviate from being just a miner's exporter. In October, a Dutch subsidiary of the Dutch baker Heineken, Bralim, announced its restructuring plan, and the company official claims that "a complete overhaul is needed if the economy functions".




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