Zalaco and Méry Bakery to merge
Monday, August 22, 2005, 00:00
The Zalaco Baking Rt and Méry Bakery Kft are to merge into a company called Transdanubium ZM Z Rt, president-CEO László Berta told NAPI Gazdaság. The move was triggered by the intention to enhance competitiveness and efficiency. Production will be carried out on only one site in Zalaegerszeg. Trading, logistics and marketing tasks will be coordinated but both brand names will be kept. Berta did not know exactly how much layoffs will be necessary but he said that the 300 staff should be reduced for efficiency's sake, becase at present in the bakery sector companies can survive only through continuous development.