Word: alimentana
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...sugarcane and 15,000 sugar-beet growers found that world prices were continuing to drop so fast that even with the subsidy they were losing money. At the same time, the major sugar-user firms, such as the Coca-Cola Co., General Foods Corp. and Nestlé Alimentana, were more than happy with Carter's program because it kept prices low and increased their profits...
Switzerland's passion-charged baby-food libel trial (TIME, Feb. 16) has ended in something of a draw. The plaintiff: the multinational Nestle Alimentana, among whose myriad food products are powdered infant formulas marketed in less developed countries. The defendants: members of the Bern-based Third World Working Group. The group had distributed a German-language version of a British pamphlet that charged baby-food makers with causing the deaths of Third World babies by hard-selling their formulas to illiterate mothers incapable of preparing them properly. The Swiss pamphlet was entitled Nestlé Kills Babies. Two years...
Rightly or wrongly, multinational corporations have been accused of a multitude of sins: bribery, tax evasion, reaping outlandish profits, seeking to overthrow governments. Lately the list has grown to include a truly ghastly accusation. Nestle Alimentana of Vevey, Switzerland, the mammoth (1974 sales: $5.6 billion) and venerable food company, is being charged by activists with responsibility for mass deaths of babies...
Switzerland's powerful firm of Nestlé Alimentana last week launched another carefully planned assault on European palates and pocketbooks. From Nestlé's modernistic Alpine redoubt in the quiet town of Vevey came word that the company had put together a handful of small Austrian, German and Scandinavian firms that it has quietly bought up over the past two years, and set up a frozen food subsidiary called Findus International. Nestlé's market researchers have discovered that the average American consumes 48 lbs. of frozen food a year, the average European less than three. Nestl...
Switzerland. The Zurich Bourse, leading stock market of Switzerland, had its most active year since World War II's end, with average prices up 24% in 1954 and almost every Swiss stock climbing to new alltime highs. Nestlé Alimentana Co. (food and chocolate) was up 20% from 1953; Sulzer Machine Works up 35%; Switzerland's Ciba chemical company, helped by the new drug "Serpasil," used to combat nervous disorders and high blood pressure, jumped from $650 a share...
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