Danish Crown has decided to close the group's Chinese factory in the city of Pinghu. The factory is built to be able to produce up to 14,000 tons of fresh and processed meat products annually. Photo: Bo Amstrup/Ritzau Scanpix
Danish Crown shuts down China factory
Danish Crown is closing its factory in Pinghu, China, resulting in the loss of 112 jobs after failing to achieve expected earnings. The factory, opened in 2019, has led the company to a total loss of about one billion Danish kroner. Previous write-downs on the value of Chinese investments mean...
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