Unilever to ‘encourage’ suppliers to adopt euro_3
18 July 2012
Anglo-Dutch food and personal grooming products company Unilever is to “encourage” its suppliers to adopt the euro, but will not enforce them to use it.
Unilever has no specific plans on how it would encourage suppliers to adopt the single currency, but a spokesperson told SM the company would help any supplier to set up a Euro-capability if asked to do so.
Around 20 per cent of its business with UK suppliers is already conducted in euros. And, from this year, all internal and external accounting, including...