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Unilever Indonesia Unveils Smaller Capex For 2017

January 12, 2017: 12:00 AM EST
Unilever Indonesia announced its plan to spend €115 million, or $120 million, to expand its factories in 2017. In 2016, the company spent Rp 2 trillion, or $150 million, an amount 20 percent higher than the 2017 figure, because the company needed to relocate to a larger headquarters. Unilever Indonesia operates nine factories across the country.
"Unilever Indonesia Cuts Capex for 2017", Jakarta Globe, January 12, 2017, © Jakarta Globe
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