• Login
Tuesday, March 31, 2026
Geneva Times
  • Home
  • Editorial
  • Switzerland
  • Europe
  • International
  • UN
  • Business
  • Sports
  • More
    • Article
    • Tamil
No Result
View All Result
  • Home
  • Editorial
  • Switzerland
  • Europe
  • International
  • UN
  • Business
  • Sports
  • More
    • Article
    • Tamil
No Result
View All Result
Geneva Times
No Result
View All Result
  • Home
  • Editorial
  • Switzerland
  • Europe
  • International
  • UN
  • Business
  • Sports
  • More
Home Business

KitKat Heist: How much did the chocolate theft cost?

GenevaTimes by GenevaTimes
March 31, 2026
in Business
Reading Time: 2 mins read
0
KitKat Heist: How much did the chocolate theft cost?
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


Swiss food giant Nestle said on Sunday that 12 tonnes of KitKat chocolate bars were stolen in Europe after a truck carrying the consignment went missing en route from Italy to Poland.

Must Read: KitKat heist in Europe: 12 tons comprising nearly 4 lakh KitKat bars stolen before Easter

“We can confirm that 12T of KitKat products were stolen while in transit between our factory in Central Italy and their destination in Poland,” KitKat said in a statement on X. The vehicle and its cargo remain unaccounted for, with the company not disclosing where the consignment was lost.

Must Watch: Behind Nestlé Brands, India’s Farming Backbone

How much was stolen

​Nestle said the truck carrying 413,793 ⁠bars of its new range KitKat ​set off from central Italy to ​distribute the chocolate throughout Europe, but never reached its scheduled final destination in Poland.

While Nestle has not disclosed the wholesale value of the shipment, estimates suggest the scale of the loss runs into crores.

Around 400,000 KitKat bars could be worth about $750,000 (approximately ₹7.05 crore – at ₹94/$), according to CBS Los Angeles.

Based on typical retail pricing for smaller bars in Europe – between €1 and €1.50 – the shipment’s retail value could range from €414,000 to €621,000 (roughly ₹4.47 crore to ₹6.71 crore – at ₹108/€).

Wholesale values are typically lower, estimated at about €200,000 to €400,000 (around ₹2.17 crore to ₹4.34 crore), depending on distribution pricing.

The stolen consignment, weighing about 12,000 kg, suggests an average of roughly 29 grams per bar, indicating smaller-sized units.

Tracking the missing shipment

The company said the missing bars can be identified using batch codes embedded in the products. “Anyone scanning the batch numbers of the stolen chocolate would receive instructions on how to contact KitKat,” the company said, adding, “If a match is found, the scanner will be given clear instructions on how to alert KitKat, who will then share the evidence appropriately.”

 

Read More

Previous Post

Sexual violence part of 'everyday life' in parts of Sudan, charity says

Next Post

Promoting student involvement at VET system level in the Netherlands

Next Post

Promoting student involvement at VET system level in the Netherlands

ADVERTISEMENT
Facebook Twitter Instagram Youtube LinkedIn

Explore the Geneva Times

  • About us
  • Contact us

Contact us:

editor@thegenevatimes.ch

Visit us

© 2023 -2024 Geneva Times| Desgined & Developed by Immanuel Kolwin

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Editorial
  • Switzerland
  • Europe
  • International
  • UN
  • Business
  • Sports
  • More
    • Article
    • Tamil

© 2023 -2024 Geneva Times| Desgined & Developed by Immanuel Kolwin