The sweetmaker will invest in a plant in the north west of Germany to produce Maoam and fruit gum products, says Handelsblatt newspaper.
The factory is intended to replace a Haribo facility already in the area, said operations head Markus Riegelein, interviewed by Handelsblatt.
Maoam, a sweet produced by Haribo, also began as a separate brand, created in the city of Düsseldorf just opposite Neuss, across the River Rhine.
An index of German business sentiment, released by the Ifo institute on Monday, showed that companies’ morale remained constant in May.
Industry, trade and construction sectors show slow signs of recovery, while service providers are suffering a setback.
Last year, Germany’s GDP declined by 0.2% (adjusted from 0.3%) as industries were hit with elevated fuel costs, sparked by Russia’s invasion of Ukraine.
The original article contains 296 words, the summary contains 131 words. Saved 56%. I’m a bot and I’m open source!
This is the best summary I could come up with:
The sweetmaker will invest in a plant in the north west of Germany to produce Maoam and fruit gum products, says Handelsblatt newspaper.
The factory is intended to replace a Haribo facility already in the area, said operations head Markus Riegelein, interviewed by Handelsblatt.
Maoam, a sweet produced by Haribo, also began as a separate brand, created in the city of Düsseldorf just opposite Neuss, across the River Rhine.
An index of German business sentiment, released by the Ifo institute on Monday, showed that companies’ morale remained constant in May.
Industry, trade and construction sectors show slow signs of recovery, while service providers are suffering a setback.
Last year, Germany’s GDP declined by 0.2% (adjusted from 0.3%) as industries were hit with elevated fuel costs, sparked by Russia’s invasion of Ukraine.
The original article contains 296 words, the summary contains 131 words. Saved 56%. I’m a bot and I’m open source!