After months of conflict, the dairy cooperative reached an agreement with the union. It is processing 450,000 liters per day and aims to reach 600,000 by the end of the year.
The SanCor dairy cooperative seems to have found a light of hope at the end of the tunnel. After having reached an agreement with the ATILRA union, which brings together the majority of its workers, It resumed production in almost all its plants and slowly its products are returning to the shelves, In parallel, the possibility of the arrival of a partner that provides fresh funds to recover the ground lost in recent years remains latent.
For these hours The leaders of the dairy company are much more hopeful than months ago, fundamentally because its production plants returned to operating with a certain normality after the harsh confrontation that included cessation of activities and even the threat of a national strike of the entire sector, with its workers grouped in ATILRA.
The reality is that the company is still involved in a complex situation, it accumulates million-dollar debts and needs working capital to become competitive again in a sector that today shows a sharp drop in demand. According to company sources detailed to Ámbito, they are in talks with possible investors to get the company afloat, but the truth is that nothing has been finalized yet.
From the sector they detail that the arrival of an investor in the dairy cooperative can be a lifesaver, but before that it should partially clean up its structure and precisely its recent confrontation with ATILRA led it practically to extinction.
During the last 10 months, the SanCor production plant located in Sunchales was practically paralyzed while its other establishments worked at half capacity, which meant that the company’s most recognized products, such as cheeses, gradually disappeared from the shelves of large urban centers. and That ground that was lost was left in the hands of other companies that today are highly competitive.
Another fundamental issue is that the peace that seems to have been found with the union may be short-lived because the company still owes salaries and social contributions, so if it does not find fresh funds in a short period of time, it would once again be in trouble.
For now, The dairy company is already processing around 450,000 liters of milk per day, in total there are around 150 producers who are delivering raw materials, the goal is to reach 600,000 liters per day by the end of the yearin order to start 2025 with a better floor than this year.
Another fundamental issue is that the company urgently needs working capital not only to buy raw materials, but also to make investments in its production plants, which have suffered various structural problems after months of conflict with the dairy union. AOne of the possibilities being considered at this point would be to sell assets, even in the sector it is mentioned that there are three SanCor production plants that today have a sale sign.
Either way, From the cooperative they prefer to look forward and project a better 2025 than this 2024, They are hopeful about the arrival of fresh funds and are also betting that their products will regain lost ground.
Source: Ambito
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