The company will retain sales and delivery operations at the Maryland site while affected workers may receive bidding rights for available positions.
The decree transfers Nestle’s Russian assets to L.E.V. Management as the Swiss food giant assesses its options and seeks to protect its employees and operations.
The four-month campaign has attracted more than 100,000 entries in its first two weeks, with weekly prizes and a N$50,000 grand prize up for grabs.
FEROX will be bottled locally in Cameroon and rolled out across four African markets, with former UFC champion Francis Ngannou serving as brand ambassador.
The investment will add manufacturing capacity in Vizianagaram and Chittoor, with new bottling lines supplying Coca-Cola beverages across several southern Indian markets.