Grupo Bimbo to Invest $50 Million in Azcapotzalco Plant
The company is the largest supplier of bakery goods in Mexico and has expanded its market to more than 35 countries worldwide
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Bimbo: First Mexican Company to Suspend Sales in Russia
By THE PULSE NEWS MEXICO STAFF While the administration of Mexico’s leftist president, Andrés Manuel López Obrador (AMLO), refuses to take any diplomatic or commercial stance against Russia for its invasion into the sovereign nation of Ukraine, Mexico’s leading bread company, Grupo Bimbo, announced Monday, March 14, that it will suspend all sales and future investments in Russia. Bimbo is
Read moreGoula Awards Presented to Mexico’s Best-Practice Food Companies
By THÉRÈSE MARGOLIS The second annual Goula Awards were presented during a virtual ceremony on Thursday, Nov. 4, to leading Mexican food and beverage companies nationwide. The awards, which recognize good business practices within the country’s food and beverage sector, were presented by a multidisciplinary panel of 21 experts who evaluated a range of food products and services for consumer
Read moreMexico News Roundup
By RICARDO CASTILLO Wind and Solar Energy Thwarted The publication in the Mexican government’s Official Gazette on Friday, May 15, of a change in federal electricity policies, titled the Policy of Trustworthiness, Security, Continuity and Quality in the National Electricity System has irked many a foreign corporation that has invested in renewable electricity. Mexican Energy (Sener) Secretary Rocío Nahle has
Read moreMexico’s Favorite Sport Isn’t Soccer, It’s Tax Evasion
By RICARDO CASTILLO … A loophole in the Mexican tax system has allowed individuals and companies to avoiding having to pay their fair share…
Read moreLabeling Law and QR Code Come to Mexico
By RICARDO CASTILLO … Credible food labeling and digital money are now on the horizon for most Mexicans…
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