Press Release: Nestle: Strong start for Nestlé's youth employment initiative

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   June 03, 2014 03:18 ET (07:18 GMT)- - 03 18 AM EDT 06-03-14

-2 of 2- 03 Jun 2014 07:18:00 UTC  Press Release: Nestle: Strong start for Nestlé's youth employment initiative

Nestlé S.A. / Strong start for Nestlé's youth employment initiative . Processed and transmitted by Nasdaq OMX Corporate Solutions. The issuer is solely responsible for the content of this announcement.

Since the start of the year more than 4,000 young people under the age of 30 have benefited from 'Nestlé needs YOUth', a programme designed to help tackle youth unemployment in Europe.

Almost 1,500 have been found regular full-time jobs. A further 1,500 have been given apprenticeships or enrolled in training programmes, and more than 1,100 have received temporary contracts from Nestlé.

Nestlé has pledged to find employment opportunities in Europe for more than 20,000 young people under 30, strengthening their professional skills to help them find jobs - within the company, with its suppliers, or elsewhere.

Making a contribution

"The first results of our programme are more than encouraging," said Laurent Freixe, Nestlé Executive Vice President and Zone Director forEurope.

"We are only just at the start of this. I am confident that the opportunities we are offering will ensure that thousands of Europe's young people are able to gain the skills they need."

'Nestlé needs YOUth' was welcomed by the European Commission and national governments, and by Nestlé's partners and suppliers when it was launched last year.

ALLiance for YOUth

This month, Nestlé will launch the second step in the programme: "ALLiance for YOUth (ALL for YOU)".

This aims to create even more opportunities to tackle youth unemployment in Europe by involving more closely the company's partners and suppliers.

The event, due to be held in Lisbon in Portugal, will involve representatives from the Commission and other politicians, as well as senior business figures from across Europe.

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Media enquiries

Tel: +41 21 924 2200

Nestlé Corporate Media Relations mailto:mediarelations@nestle.com

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Source: Nestlé S.A. via Globenewswire

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   June 03, 2014 03:18 ET (07:18 GMT)- - 03 18 AM EDT 06-03-14