With regard strictly to SanCor, reality shows that without State funds and with various extensions from creditors, among which is the State itself for uncollected taxes and fees, it managed in recent months to add greater production capacity. A year ago it processed less than 500,000 liters of milk per day and currently that figure rises to 700,000 liters. Of course, the ideal figure would be to reach 1.5 million liters, but for that SanCor needs funds that it does not have.
Another of the stumbling blocks that the company has is its large number of employees, currently under a dependency relationship with SanCor there are some 1,700 people and according to sources in the sector, the company operates with just 700, that is, the payroll of employees far exceeds the tasks and production and sales capacity of the company.
On the other hand, the Atilra union that brings together dairy industry workers launched a strong threat at the end of last month: “Faced with the insistent question of whether Atilra will strike throughout the industry so that the rescue of Sancor can be carried out, The answer lies with the National Government. We are waiting for the government to react and comply with what was agreed last November in front of two ministers and the president of Banco Nación: the creation of a trust with state and private contributions for US$60 million. For his part, Atilra had the commitment to keep the workers contained, ensuring social peace, as he had been doing. If the Government begins to comply with what has been agreed, there will be no type of force measures in the industry”.
The text released to the media in off was a clear warning to the national government in the face of its inaction to revive the already infamous trust. In between, a lot of water passed under the bridge and the union conflict unleashed in the tire industry set a complicated precedent that at this time the dairy union would not be willing to face. In addition, this weekend Kelly Olmos took over as leader of the Labor portfolio, replacing Claudio Moroni and it is precisely with the outgoing minister that Atilra had the most dialogue.
The news of SanCor is more than complicated but the truth is that it does not even date back to this year. Lhe Argentine dairy company, which used to be one of the leaders in its segment with more than 17 industrial plants and more than 4,000 employees, perhaps experienced one of the saddest periods in its history not so long ago. In just three years (from 2016 to 2019) it had to sell nine industrial plants and thus completed the scrapping of its structure.
In 2016, it sold its desserts and yogurt unit to the now disgraced Grupo Vicentin, who in turn received financial leverage from the Baf Group. For that operation, US$100 million were disbursed, which barely served to patch up the company’s millionaire debts. Then Adecoagro was the one that bought two of its industrial plants.
Currently the milk company has six plants under its orbit that are located in the towns of Sunchales, Gálvez, San Guillermo, in Santa Fe and in La Carlota, Balnearia and Devoto in Córdoba. His fate is still unknown.
Source: Ambito
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