900 employees of Animex's Rawa meat plant to be axed
The management of Rawa S.A. meat plant yesterday told trade unions that the
entire staff of over 900 people would have to be laid off because of the
deteriorating financial condition of the company. Today the Rawa Mazowiecka
city council will meet to try and work out a way to save jobs. The final
decision on closing down or restructuring Rawa will be made at the Aug. 11
shareholders' meeting, with meat company Animex S.A. which owns 75.2% of
shares. Last year Rawa lost zl. 16.7 million on zl. 180 million in revenues
using only 40% of its production capacity. Animex itself lost zl. 126
million and according to the president of Animex's supervisory board Richard
J.M. Poulson the entire group needs to undergo restructuring.
(Rzeczpospolita, page A1) T.J.
