5 ms·
From https://cphpost.dk/2024-11-22/news/round-up/we-are-in-crisis-says-danish-crown-ceo/ https://cphpost.dk/2024-11-22/news/round-up/we-are-in-crisis... "Danis
by 9front 2y ago
From https://cphpost.dk/2024-11-22/news/round-up/we-are-in-crisis-says-danish-crown-ceo/ https://cphpost.dk/2024-11-22/news/round-up/we-are-in-crisis...
"Danish Crown, one of Denmark’s largest Danish meat producer, is facing significant financial challenges as pig deliveries to its processing plants have dropped in the 2023/24 financial year."
- titaniumtown 2y agoMeat is too cheap and resource intensive. A market correction has been incoming for decades.
- jamil7 2y agoGood.
- martinsnow 2y agoWhat good is thousands losing their jobs?
- Cumpiler69 2y ago[flagged]
- mrweasel 2y agoOn the other hand Tican is doing pretty well and are hiring, while Danish Crown is firing. So at least some of the pigs which would normally go to Danish Crown, is being sent to Tican instead. Tican is also giving farmers a better price per pig. https://www.dr.dk/nyheder/seneste/mens-danish-crown-lider-lover-rival-bedre-priser-til-danske-svineboender https://www.dr.dk/nyheder/seneste/mens-danish-crown-lider-lo... Danish Crowns problems aren't entirely due to external factors, part of it is also that Danish Crowns is struggling to run its business properly.
- jacobgorm 2y agoBecause the pigs get transported alive to Germany and Poland to get slaughtered, as wages are lower there. Denmark, with a population under six million, still produces 32 million pigs per annum.