Pixabay (Free Image)
Pozega-based chocolate and cookie maker Zvecevo is shutting down a portion of its production and dismissing a number of workers.
The management made this decision due to, as they put it, negative trends in the market in 2019, as well as projections for 2020 which significantly affect the profitability of all the products from their range, daily Nezavisne Novine reports.
The management has decided to halt the production of certain products, reorganize production in all lines and optimize work processes in its non-production sectors.
This is being done, according to a statement, to maintain and continue stable operations and keep the strong market position of the company's products and brands in the long term.
Zvecevo was the first to market a rice-filled chocolate bar, called Mikado, boasts Seka and Braco as two of its most famous chocolates, and in the past the company had a good reputation for paying its workers well.
To get full access to all content of interest see our
Subscription offer
Or
Register for free
And read up to 5 articles each month.
Already have an account? Please Log in.