Nestlé plans to invest R$400m in Brazil this year to increase capacity

Nestlé plans to invest R$400 million in Brazil this year to increase capacity and become more competitive in its fourth largest market despite the recession. Laurent Freixe, executive vice president and head of the company's Zone Americas, said investments would stay stable from 2015, when Nestlé finished building a Nescafé Dolce Gusto plant in Brazil, its first outside Europe. “It's not because short-term has gotten difficult that we've lost the long-term vision,” he says. “Brazil is in crisis this year, the recovery will be difficult, but our vision is that it continues being a great consumer market and will regain dynamism in the medium term,” he said.

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