Nestlé Pakistan
| File:Nestle Pakistan logo.png | |
| Company type | Public |
|---|---|
| PSX: NESTLE | |
| Industry | Dairy |
| Founded | 1988[1] |
| Headquarters | Lahore, Pakistan |
| Products | Milk, milk-based products, cereals, beverages and bottled drinking water |
Number of employees | 4063 (2020)[2][3] |
| Parent | Nestlé S.A. (Swiss company) |
| Website | nestle |
Nestlé Pakistan (نیسلے پاکستان) is a Pakistani food company which is a subsidiary of Swiss multinational company Nestlé. It is active in dairy, confectionery, coffee, beverages, infant nutrition and bottled drinking water areas.[2][4][5] It is based in Lahore, Pakistan.
History
The company was founded in 1988 by Nestlé in a joint venture with Milkpak.[1] Then in 1992, Nestlé acquired Milkpak brand from its former owner Packages Limited.[1]
Products
- Milk, milk-based products and cereals[5][2]
- Beverages, juices and bottled drinking water[5][2]
- Baby food, coffee and confectionary[5][2]
Safe for consumption milk
Pakistan Council of Scientific and Industrial Research (PCSIR) conducted tests on 16 brands of packaged milk and found that only six brands were safe for consumption. It was stated by the PCSIR representative in the National Assembly of Pakistan in January 2017. All the tested milk brands had been given Ultra High Temperature (UHT) and pasteurisation treatment before the PCSIR testing.[4]
Safe for consumption milk brands were Olper's, Nestle, Milk Pak, Day Fresh, Good Milk, Nurpur Original. 10 brands of pasteurised milk were also tested, and only Prema Milk was found safe for consumption in 2017.[4]
Plants
The company operates two multi-purpose processing plants in the following cities:
The company also operates two water factories in the following cities:
Nestle Pakistan Limited is traded on the Pakistan Stock Exchange.[2]
References
- ^ a b c d e "Food products: NESTLE PAKISTAN LIMITED – Analysis of Financial Statements Financial Year 2003 – 3Q Financial Year 2010". Business Recorder (newspaper). 21 January 2011. Retrieved 22 December 2020.
- ^ a b c d e f Nestle Pakistan Limited stock quote and company business summary on MarketScreener.com website Retrieved 22 December 2020
- ^ "'Nestle cuts hundreds of Pakistan staff amid global restructure'". The News International (newspaper). 18 April 2019. Retrieved 22 December 2020.
- ^ a b c Only six milk brands fit for consumption in Pakistan Dawn (newspaper), Published 31 January 2017, Retrieved 21 December 2020
- ^ a b c d "Nestle Pakistan Limited (company profile)". Business Recorder (newspaper). 6 June 2017. Retrieved 22 December 2020.
- ^ a b "Nestlé Pakistan". Nestlé.
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- Companies based in Lahore
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- Pakistani subsidiaries of foreign companies
- Food and drink companies established in 1988
- Pakistani companies established in 1988
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