Danone

Danone is a company that ranks among the largest Fortune 500 companies and is one of the most successful food producers in the world.

Danone shares are listed on Euronext Paris (Paris); The company is a participant in the main indices of social responsibility, including environmental Dow Jones Sustainability Indexes, ASPI Eurozone and Ethibel Sustainability Index indexes.

Aktivs

• Nutricia

Business in CIS countries

Danone in Russia

Main article: Danone Group of Companies in Russia

• Danon Industry
• Nutricia Russia

Business in Kazakhstan

Main article: Danone Kazakhstan

• Danone Berkut
• Nutricia Kazakhstan

Danone Ukraine

Main article: Danone Ukraine

History

2020

Reduction of 2 thousand jobs

On November 23, 2020, Danone announced the reduction of 2 thousand jobs, including every fourth position in its headquarters. The food company is forced to take such measures due to the crisis caused by the COVID-19 coronavirus pandemic.

Danone said it was considering moving global headquarters closer to the French base in Paris. By 2023, cost savings should reach 1 billion euros, the company intends to achieve this by reducing staff and more efficient purchases. Danon's planned job cuts account for about 2% of the company's total workforce. Danone is transforming into a company that is willing to give local business units around the world more autonomy by promoting their executives to an executive committee.

Danone cuts 2 thousand jobs to save €1 billion

The one-time costs associated with the Danone changes will be about 1.4 billion euros for the period 2021-2023. Danone has global headquarters around the world, in particular in places like Amsterdam, where it has historically handled medical and baby food, and Singapore. Between 400 and 500 jobs will be cut in France, the company said.

Sanford C. Bernstein analyst Bruno Monteyne expressed concerns about a long period of organizational turmoil.

These are major changes that will absorb a lot of corporate energy for at least 12-18 months, "said Monteyn. - It also means the central office has failed to manage brands effectively. What really went wrong? And why should a new organization do a better job of that?

Danone CEO Emmanuel Faber noted that the reduction will mainly affect senior positions. The company plans to spend the saved funds on investments. The plan to restore Danone's position, according to Faber, will return the company to the path of profit growth.

Among the world leaders in environmental pollution with plastic packaging

Data on the release of plastic packaging in metric tons per year, as of 2020

2015: In the possession of Danone - 190 production centers

For 2015, Danone owns 190 production centers; The company employs about 100,000 employees in its divisions.

2014: Revenue - over 21 billion euros

In 2014, Danone sales exceeded 21 billion euros, more than half of this amount is in emerging markets.

2012: Owned by Danone - 184 production centers

For 2012, the company's divisions with more than 100,000 employees are located in 120 countries on five continents. Danone owns 184 production centers and holds leading positions in four areas of healthy food production: fresh fermented milk products (world number 1), water (number 2 in the bottled drinking water market), baby food (world number 2) and medical nutrition (number 1 in Europe).

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