Oatly

SWEDISH drink manufacturer Oatly will be shutting its Singapore plant – jointly invested with local food and beverage company Yeo Hiap Seng for S$30 million ...

MALMÖ, Sweden, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Oatly Group AB (Nasdaq: OTLY) (“Oatly” or the “Company”), the world's original and largest oat...

Oatly Group AB (Nasdaq: OTLY), the Swedish oat drink giant, announced on 18 December 2024 the closure of its Singapore manufacturing facility.

Swedish oat milk brand Oatly will be closing down its manufacturing facility in Singapore, located at Senoko Way. The closure is expected to improve the ...

Oatly plans to close its Singapore facility as part of a strategy to reduce costs and take the oat-drinks business into profitability.

The Swedish oatmilk manufacturer continues to focus on streamlining global production and generating cost savings, with its Asia Pacific business now ...

Following the closure of the facility, expected growth in the Asia-Pacific region will be supported by Oatly's existing facilities in Europe.

YEO Hiap Seng will be laying off 25 employees as a result of Oatly's decision to cease its manufacturing operations in Singapore.

SINGAPORE – Beverage giant Yeo Hiap Seng will lay off 25 out of 41 employees who are directly involved in the manufacturing operations of Swedish oat milk producer Oatly. The Straits Times understands that these 25 employees are in addition to the 34 ...

18, 2024 (GLOBE NEWSWIRE) -- Oatly Group AB (Nasdaq: OTLY) (“Oatly” or the “Company”), the world's original and largest oat drink company, today announced the closure of its Singapore facility in the Europe & International segment. This action aligns with ...

As a result, YHS will stop production of oat milk and will lay off 25 employees. However, YHS will continue to distribute Oatly products in Singapore and ...

SINGAPORE – Beverage giant Yeo Hiap Seng will lay off 25 out of 41 employees who are directly involved in the manufacturing operations of Swedish oat milk ...

Local beverage manufacturer Yeo Hiap Seng — better known as Yeo's — announced plans to lay off 25 employees as Oatly shuts down its Singapore facility.

It is also worth noting that the closure will affect 34 local employees and is part of the company's broader efforts to streamline operations and improve ...

Oatly Singapore is closing its local manufacturing facility, which will impact a total of 59 workers, including Yeo Hiap Seng employees.

Existing facilities in Europe will support expected growth in the Asia-Pacific region, according to the Malmö-based oat drink company. As part of closing the ...