Release Date:
Market sources in Denmark are reporting that Danish pork processor Tican wants to sell its pigmeat businesses in Poland.
According to an export bulletin in the UK quoted by the British Pig Executive (BPEX), the operation in Poland has been occupying too many management resources and also has cost Tican over €15 million. But the processor's CEO, Ove Thejls, says no decision has been taken yet on selling its Polish subsidiary, called Nove, and any sale would not take place until 2011 at the earliest, since the business must first be profitable before it is sold.