Less is more says KSC as it slims down its sugar mill portfolio

At present KSC consists of 27 companies, out of which 22 have already been incorporated. However, the final decision concerning the number of the plants to be closed down will be taken after the EU sugar market reforms are carried out. "By Tuesday at the latest we should have a final decision about which plants will not begin production campaigns in 2004," Stanisław Grzelak of the KSC's supervisory board revealed, adding that the key element of cutting costs will be achieved through concentrating production in a smaller number of sugar mills. (Puls Biznesu, pp. 1, 4) M.M.