date:Feb 26, 2014
ucts.
Strong levels of economic growth across the entire region reiterate our desire for geographical expansion here.
The company stated that the political issues in Syria had an impact on its revenues, and it lost a multi-product facility in 2013.
Nestl estimates that since start of the Syrian crisis, it had lost about $150m in sales.
According to the newspaper, Saudi Arabia is currently Nestl's largest market accounting for 35% sales volume, followed by the UAE, Lebanon, Jordan and Kuwait.