Confectionery giant Mars has announced that it plans to invest €1 billion in its EU operations by the end of 2026. Mars seeks to strengthen its manufacturing capabilities, as well as boost sustainability and innovation and increase economic resilience in the region. Over the past five years, the company has already invested more than €1.5 billion in EU manufacturing, to modernise its facilities, increase production capacity, and accelerate efforts to decarbonise its value chain. Currently, 85% of Mars products sold in the EU are produced locally, and the region also serves as an export hub to over 100 markets around the world. Our investments are designed to keep our operations world class, competitive, and aligned with the EU’s long-term priorities,” said Claus Aagaard, CFO of Mars.