Monday, February 06, 2017

JBS closes refrigerators in Sao Paulo and Goias

To meet a determination of Cade (Administrative Council of economic defense), JBS reported the closing of refrigerators of cattle from Santa Fé do Sul (SP) and Hyderabad (GO). The plants, which were rented, belong to the Rodopa.
Activities are two refrigerators, which can result in the dismissal of about 1000 employees, is a result of the breach of an agreement signed by JBS and Rodopa with the antitrust body in 2014. In October last year, Cade canceled the deal due to noncompliance.
Authorizing the rental of the units of the Rodopa, Cade imposed restrictions. Among them, was the sale of the Tatuibi brand, owned by Rodopa. The antitrust body had also determined that levels of productivity of three leased by JBS plants were maintained.
In October last year, when he decided to cancel the leases, the Rapporteur of the case in Cade, counselor Marcio de Oliveira, said that the agreement was almost totally failed to fulfill. "The main remedies undertaken by the applicants were not met, which would amount to delete by transverse roads conditions imposed by Cade to approve the operation," said Oliveira.
In a statement, JBS reported that Cade''s decision "made operational and economically the activities of units". According to the company, the volume that was produced in the plants of Santa Fé do Sul and Cachoeira Alta will be transferred to other units.
The company informed that will offer the possibility of transfer to the 1000 employees of the two units. "The company will offer employees the possibility of transfer to other units. For those who do not demonstrate the option for the transfer, JBS will promote the shutdown, according to the law ".
Supermercado Moderno - 03/02/2017
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