01 Oct 2014
(MENAFN), the packaged food company, announced it is planning to build a USD90 million biscuit plant in Bahrain, which will help the company reduce costs and meet growing demand for its biscuits, Arabian Business reported.
The maker of Oreo and Cadbury chocolate is planning to start full commercial production in early 2016, with the operations of four manufacturing lines and an initial capacity of 90.000 tons annually in the plant, which is set to create about 300 jobs.
The US company said it predicts that USD3 billion in gross-productivity savings, as well as USD1.5 billion in net savings and USD1 billion in cash will be generated by the factory over the next three years .
This investment comes after Mondelez already investing more than USD75 million in a Kraft Cheese and Tang-powdered beverage plant in Bahrain.
“This investment in Bahrain is part of our ongoing supply-chain reinvention plan. We’re implementing several such initiatives around the world to capitalize on growing demand, while also reducing costs and improving productivity,” Mondelez International Executive Vice President said in a statement.
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
08 Jul 2025
BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
03 Jul 2025
BBK hosts executive leadership session on digital assets in collaboration with Rain
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
16 Jun 2025
BBK and CrediMax Offer Exclusive 20% Discount on Turkish Airlines Flights for Cardholders
25 May 2025
BBK strengthens commitment to sports development through strategic partnership with Bahrain Basketball Association
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more