Pick Rt. to close Cegléd unit
Wednesday, March 16, 2005, 12:00
Meat company Pick Rt will close its processing plant in Cegléd, central Hungary, business daily Világgazdaság reported. 220 workers will be laid off from the factory by March 21, which is 10% of Pick?s total workforce. The measures are part of last year?s decision to reorganize the company in order to concentrate its operations and increase efficiency. Some of the production lines have been moved to Pick?s central unit in Szeged. The liquidation of the Cegléd unit was partly due to the fact that its products had been banned from the Russian market.