Ferrero opens Singapore Innovation Center
Ferrero has announced the official opening of the Ferrero Innovation Center in Singapore. This is the company’s first Asian innovation center and it is designed to strengthen Ferrero’s position as a global innovation leader.
Ferrero has announced the official opening of the Ferrero Innovation Center in Singapore. This is the company’s first Asian innovation center and it is designed to strengthen Ferrero’s position as a global innovation leader. It will house several strategic innovation functions in the areas of health and nutrition, new raw materials, and product research and development, consumer insight and foresight activities.
At Ferrero’s innovation center, which has been supported by the Singapore Economic Development Board (EDB), a multidisciplinary team of experts in food science, biotechnology, nutrition, consumer insights, material science and design will engage with the Singapore ecosystem to foster the innovation process.
“Innovation has always been a core value for Ferrero,” said Giovanni Ferrero, Ferrero’s CEO. “Our products are the result of a strong passion for quality and research. The Singapore innovation center will support Ferrero in its continuous pursuit of cutting edge technological solutions to offer our consumers the best quality products that provide new taste dimensions.”
The decision to place the Ferrero Innovation Center in Singapore was motivated by its strategic location in Asia and its prominent role within the global scientific research community, which includes among others, the Agency for Science, Technology and Research (A*STAR), and relevant universities.