ZM Morliny expects to lose zl. 50 million in sales due to loss of beef exports
The ban on imports of Polish beef by eight countries will mean a decrease of
income by at least 10% for the largest exporters, as well as major losses
for all beef exporters. "In each country once BSE was discovered the
authorities took immediate action. In Poland such a reaction is missing,"
said Przemyslaw Chabowski, president of the ZM Morliny meat plant. This
Ostroda based plant estimates that its loss in revenues due to the ban will
be around zl. 50 million. The Agricultural Market Agency (ARR) admits that
it will suffer losses due to a decline in beef sales. "We are confident
that beef exporters will find new markets, countries in the Middle East are
particularly interested in our beef," said Iwona Ciechan, ARR spokesperson.
Home sales could also soon be hit as the Polish Association of Meat
Producers, Exporters and Importers (PZPEiIEM) announced that 30% of beef
sold comes from the unregulated gray market. What impression this will have
on consumers is still unknown, but sales of beef have fallen by around 30%
over the past four years and the latest news news might accelerate the trend
away from beef to poultry. (Puls Biznesu, p. 7) P.W.