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Stock impact report

Mondelez International Invests $6 Million in Reading, UK

Mondelez International, Inc. - Class A (MDLZ) 
Last mondelez international, inc. - class a earnings: 4/28 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: mondelezinternational.com/investors
Company Research Source: GlobeNewswire
DEERFIELD, Ill., June 13, 2019 (GLOBE NEWSWIRE) -- Mondelez International announced today it is investing $6 million in its Reading Science Centre in the UK to support the development of new chocolate, biscuit and candy products, serving over 150 different countries. The Reading Science Centre is currently home to over 290 scientists, chemists, food technologists and other specialists. The new investment will result in the creation of 50 highly skilled food science and engineering jobs over the next five years. The announcement is aligned with the company’s strategy to develop a global network of state-of-the-art technical hubs strategically positioned around the world. These technical centres support the company’s growth-oriented innovation agenda as they improve speed, efficiency and effectiveness, while enabling the company to address evolving consumer needs more quickly. The new Reading investment comes on top of the company’s previously announced global investment of $65 mil Show less Read more
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