This move is the next step in the company's "Local First" plan to transform its operations in Hungary.
In November 2020, the parent company announced its global plan to restructure and reorganize Danone. At the heart of the plan is the idea of making the company more efficient by having a single business unit in each country. In this way, all of Danone's businesses and product categories would be represented by a single company, with these local companies having greater autonomy in decision-making.
As a first step in the creation of the new structure, Danone's two Hungarian companies were brought under joint management last October, with a management team led by managing director Gábor Kralovánszky.
"This is a very important step in the history of Danone in Hungary, as we can continue our mission as a stronger unit to provide a healthy lifestyle to as many Hungarian consumers as possible through our products. In addition, we can express more emphatically that we support healthy and balanced nutrition at all stages of life. Through our global vision "One Life, One Planet", we will drive sustainable growth by finding new ways to promote healthier diets through an even stronger portfolio of purpose-driven products, brands, and services," Kralovánszky.
Producing journalism that is worthy of the name is a costly business. For over 30 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
