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
Polish Deputy Prime Minister: the EU-Mercosur cooperation agreement threatens Polish agriculture
The cooperation agreement to be concluded between the European Union…
Read more >
Sharp price competition and challenges in the Hungarian food industry
Serious price competition has developed on the Hungarian food market,…
Read more >
KSH: industrial production fell by 7.2 percent in September
In September 2024, the volume of industrial production was 7.2…
Read more >Related news
A new chapter has opened in the history of Pizza Hut: The restaurant chain can be renewed based on the Hungarian model
On September 12, the ribbon was cut on Pizza Hut’s…
Read more >
150 million bottles, jars and aluminum cans have already been returned in Lidl stores
Lidl Hungary has reached a milestone in its new return…
Read more >
Style rethought – Hungaria sparkling wine has been renewed!
Hungaria, one of Hungary’s most popular bottle-fermented sparkling wine brands,…
Read more >
