Huge loss at the American food giant
The American Kraft Heinz, one of the world’s leading food companies, closed last year’s last quarter with a 12.61 billion USD loss due to a 15.4 billion USD valuation of a one-off item.
Thus, Kraft Heinz closed last year with a 10.2 billion USD loss, while a year earlier it generated 11 billion USD profits. Last year’s sales increased to 26.26 billion USD from the 26.1 billion USD of 2017. (origo)
Related news
Challenges ahead in 2024 for the Hungarian food industry
2024 is shaping up to be another challenging year for…
Read more >Agricultural vocational training provides young people with a predictable vision of the future
Today, agricultural technical colleges and vocational schools offer a predictable…
Read more >The sector of animal breeders is facing a huge opportunity
European agriculture and farmers are suffering enormous damage, and animal…
Read more >Related news
HEINEKEN Hungária Zrt. will start the festival season in Sopron on May 11.
The SopronFest, held for the first time in 2023, proved:…
Read more >Auchan comes up with an unusual sale
There is serious competition between store chains to retain customers.…
Read more >The MRSZ calls for industry cooperation and an action plan
At the request of the MRSZ, EY prepared a study…
Read more >