Unilever
Unilever Hellas offers voluntary exit program with enhanced severance packages
Unilever Hellas has advised that, regarding the productivity plan, consultations with the European Works Council as well as with the local workers’ union have been completed after a series of meetings.
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More fines for multinationals
Development Minister Kostas Skrekas on Wednesday announced the imposition of fines on two more multinational companies, which, as in the two previous cases a few days earlier, are active in the categories of personal hygiene, personal care and beauty, as well as in the category of household items (cleaners, detergents etc).
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Greece fines Unilever, P&G
The Ministry of Development has formally declared war on multinationals, imposing fines on the two largest companies in the consumer goods sector, Unilever and Procter & Gamble, a war that had been announced by the prime minister himself a few weeks ago.
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Moves being made in €250 mln ice cream market
Old brands are trying to make their way back into Greece's €250 million ice cream market, while new players are expanding their activity.
Traditional market leaders Delta and Evga have long sold their activities to multinationals: Delta in 2006 to Nestle and Evga in 2010 to Unilever.
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‘We love our business in Türkiye’: Unilever CEO
Unilever is at its absolute best in some of the countries in the world, and Türkiye is in a very elite club, says Alan Jope, the CEO of the consumer goods giant.
"We love our business in the emerging markets, and we particularly love our business in Türkiye," Jope said.
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Watchdog focuses on Unilever and P&G
The Competition Commission has in its sights two multinationals, Unilever and P&G, which hold the largest market shares in the washing detergent category.
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Turkey slaps $61mln penalty on Unilever for market abuse
The Turkish division of Unilever is being fined some 480 million lira ($61 million) for abusing its commanding position in the ice cream sector, Turkish authorities announced on March 22.
Soapmaker Papoutsanis eyes gains from the virus
Papoutsanis, the company which set up modern Greece's first industrial-scale soap producing plant in 1870, expects its losses this year from the shuttering of hotels to be offset by soaring supermarket sales. The increase in demand as people wash their hands more frequently - due to the coronavirus outbreak - has seen its factory increase output in recent days.
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IMF Allocates $ 50 Billion to Help Address Coronavirus
The International Monetary Fund has announced that it is providing $ 50 billion to countries affected by the coronavirus. The organization has warned that the epidemic has already knocked off global economic growth this year from below last year's levels.