Danish Crown

2023 - 1 - 30

Post cover — Image courtesy of "Bloomberg"

Europe's Top Meat Processor Cuts Jobs, Shuts Offices as Pork ... (Bloomberg)

Danish Crown, one of the world's largest pork shippers, is shutting offices and cutting jobs as the European Union's once-booming exports sink.

Danish Crown says Chinese pork demand subdued, set to cut 550 ... (Reuters)

China's consumption of pork remains subdued and normalization could take up to six months, said Danish Crown's CEO, who also told Reuters on Monday the ...

Slow Chinese demand has a knock-on effect on the European market. "There's a huge desire in China to spend and to go out and eat with friends. But what we see now is that a lot of people are scared and stay away from restaurants," Valeur said.

Danish Crown to axe 150 jobs amid group-wide restructuring (just-food.com)

CEO Jais Valeur said China's growing domestic pork production coupled with Russia's invasion of Ukraine and global inflation has turned the pork market “upside ...

[Just Food interview, November 2022: “You need to make big, bold moves once in a while” – Danish Crown CEO Jais Valeur on investing in capex and navigating the downturn](https://www.just-food.com/interviews/danish-crown-ceo-jais-valeur-on-capex-decisions-during-a-downturn/) “Costs, efficiency and a tight supply chain all the way from the farmer to the consumer are central to the current market situation,” he said. Today it said this was the “first step” in streamlining the business, and added: “What happens at the group’s factories and abattoirs in the coming year will largely depend on market developments.” We based our strategy on a stable and strong market and a positive outlook. “Group functions will also be trimmed,” Danish Crown added. “We can’t influence market trends but we can do something about our own business.

Danish Crown reorganises production in Germany (The Pig Site)

Since Germany was hit by African swine fever in the early autumn of 2020, the country's production of pigs has dropped. From being one of Europe's leading ...

"To the extent that it is possible, they will be offered a job at one of our other facilities." As far as possible, they will be offered work at other facilities in the Danish Crown group. Danish Crown is now taking the consequence and is reducing its production capacity in Germany, according to a

Danish Crown cuts jobs due to low Chinese pork demand - Scandasia (ScandAsia.com)

China's pork consumption remains low and normalization could take up to six months, according to Danish Crown's CEO, Jais Valeur.

Danish Crown, which produces nearly 20 million pigs per year, opened a processing factory outside Shanghai in 2019. Among them is 100 job cuts in Denmark, according to a press release. This is one of the main reasons why the company is cutting several positions.

Danish Crown facing more layoffs, shutdowns (Meatingplace.com)

Europe's largest meat processing company is facing another round of layoffs and facility shutdowns as European pork exports continue to fall.

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