Processes optimization within Podravka Group – notice
The suggestion was made by the management of Danica d.o.o. to close the cattle slaughtering line as of 31st December 2012
As part of the optimization processes within Podravka Group, it was executed a feasibility study on cattle slaughtering at Danica d.o.o., and conclusions thereof were considered by the Supervisory Board of Danica d.o.o. and Management Board of Podravka d.d.
The above mentioned study showed that annual loss for the year 2011 at the cattle slaughtering line is about HRK 14 million, and the same trend was continued during the first six months of this year as well. The total profitability of Danica d.o.o. is thus jeopardized for its remaining production program.
Therefore the suggestion was made by the management of Danica d.o.o. to close the cattle slaughtering line as of 31st December 2012.
In the last six months the sales of fresh meat was reduced, and is performed only for Horeca buyers.
