Pfeifer und Langen promises no job losses from restructuring in Poland
German sugar concern Pfeifer und Langen has announced plans to merge its 11
Polish sugar refineries. According to company representatives, the
reorganization, which is to take place before the end of next year, will
result in costs being cut by some 5% to 7%, and will also increase the
efficiency of each refinery and strengthen the position of the company on
the international market. "Sugar is becoming a transnational business. If we
want to strengthen our competitiveness on the market we also have to join
this trend," said Janusz Pierun, Pfeifer und Langen representative in
Poland. He gave assurances that the restructuring would not bring any
significant job losses. Through its 11 refineries Pfeifer und Langen
controls 16% of the Polish sugar market. (Puls Biznesu, p. 8) A.K.