Nestle Europe chief: No disruptions in no-deal Brexit

Dienstag, 11. Juni 2019 13:09

Nestle predicts its business won't suffer in the event of a no-deal Brexit despite the United Kingdom being its fifth biggest market, the Swiss food giant's head of Europe, the Middle East and North Africa (EMENA) Marco Settembri said on Tuesday.

"We don't see any disruption in the business," he told an investor conference, before adding: "I don't believe there will be a crisis, but we can go on in a hard Brexit scenario." However, he stated he is hoping for a good agreement.

Earlier, Germany's Minister for Europe Michael Roth cautioned candidates running for prime minister in the UK against making unfulfillable campaign promises. The deal between London and Brussels over the UK's withdrawal from the European Union is final and will not be renegotiated, he underscored.

Relevante Links: Nestlé SA
Autor:
Breaking the News / JC