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NSTA Nestle (Reg)

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Share Name Share Symbol Market Type Share ISIN Share Description
Nestle (Reg) LSE:NSTA London Ordinary Share CH0002137682 CHF10(REGD)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Research Centre Opened

26/01/2004 11:08am

UK Regulatory


RNS Number:6208U
Nestle SA
26 January 2004


                                Press Release

     Nestle opens a global centre for culinary research in Singen (Germany)


Vevey/Singen, 26 January 2004 - Peter Brabeck-Letmathe, Vice-Chairman of the
Board and Chief Executive Officer of Nestle S.A., today opened a new global
centre for culinary research in Singen (Germany), in presence of officials from
the state of Baden-Wurttemberg. The Nestle Product Technology Centre (PTC)
Singen represents an investment of EUR 22 million (CHF 34.5 million). Its
building was completed in a record time of only 11 months.


PTC Singen employs a staff of about 150 from 16 different nationalities. The
focus of its culinary research is on condiments, soups, sauces, mayonnaise, as
well as chilled and frozen products like pasta, pizzas, doughs and prepared
dishes. A further emphasis is on the development of baby food for young children
from 4-6 months up to about age 3.


PTC Singen is one of nine Product Technology Centres within the worldwide
resarch and development network of the Nestle group, each of them dedicated to a
particular product group. Their mission is to transform basic scientific
knowledge elaborated at the Nestle Research Centre in Lausanne (Switzerland)
into industrially manufacturable products. This activity requires the vicinity
of a factory.


After the sale of the Maggi factory at Kemptthal (Switzerland) to Givaudan in
2002, a new site for the PTC attached to that factory was found on the compound
of the Maggi factory in Singen. With a view to reinforcing existing synergies,
the activity of the former Nestle R&D Centre in Weiding (Germany) in the field
of wet culinary products and baby food was integrated into the new PTC Singen.


(Photos can be downloaded from the website of Nestle Germany at

 www.nestle.de > Presse > Pressemeldungen)

Contacts:

Media:                 Francois-Xavier Perroud    Tel.:  +41-21-924 2596

Investors:             Roddy Child-Villiers       Tel.:  +41-21-924 3622


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

MSCUNRARSNRAUAR

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