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Kraft's EU Headquarters to...

Kraft's EU Headquarters to Move in Zurich

02 Oct 2006
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The selection of Zurich follows last year's decision to bring sales management for the 25-nation EU to Switzerland's largest city.

02/10/06 According to a report in the Chicago Tribune on Sept. 30, Kraft Foods Inc. announced it will move its two European Union headquarters to Zurich, Switzerland to reduce spending. The impact on employment hasn't been determined other than Kraft is planning to have "several hundred" employees in Zurich, said Perry Yeatman, a spokeswoman for Northfield-based Kraft. The selection of Zurich follows last year's decision to bring sales management for the 25-nation EU to Switzerland's largest city. Relocating the European headquarters will start in the spring of 2007, with the move completed by the end of August 2008, the company said.

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