MANAMA: Over 50% of the total production of the Mondelēz International, Inc. (NASDAQ: MDLZ) is consumed by the GCC countries, according to a senior official at the Company.
“Out of our total production we export almost over 50% in the GCC,” Mondelēz International, Vishal Tikku, Vice President and Area Director Middle East, on the sidelines of the event told The24X7News (www.twentyfoursevennews.com).
Mondelēz International, which established its first plant in this part of the world in 2006 and went into production in 2007 under the name of Kraft Foods plant in the Kingdom of Bahrain at the Bahrain International Investment Park (BIIP) in 2007 celebrated 1 billionth unit.
The Minister of Industry and Commerce Dr Hassan Fakhro, who was chief guest at the milestone of achieving the 1 billionth unit strongly hinted at the second plant likely to be setup at BIIP as well.
“We are already in discussions with Mondelez on the development of some further new project activities here.”
Mondelēz International is a global snacking powerhouse, with 2013 revenue of $35 billion. Creating delicious moments of joy in 165 countries, Mondelēz International is a world leader in chocolate, biscuits, gum, candy, coffee and powdered beverages, with billion-dollar brands such as Cadbury, Cadbury Dairy Milk and Milka chocolate, Jacobs coffee, LU, Nabisco and Oreo biscuits, Tang powdered beverages and Trident gum. Mondelēz International is a proud member of the Standard and Poor’s 500, NASDAQ 100 and Dow Jones Sustainability Index.