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research and development

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Nestle, one of the largest food companies in the world, has extended its Product Technology Centre situated in Konolfingen, Switzerland in order to increase its research and development. The extension is likely to help Nestle enhance the company’s innovative equipment for the purpose of new goods development and employ these for the international operations of the company.

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South Korean automaker giants, Hyundai Motor Co. and its affiliate Kia Motors Corp. have set a target of increasing their global sales by 6.1 percent this year. The South Korean automakers have plans to improve quality and invest in research and development for reaching the set target.

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