Dairy cooperative Milcobel wants to cut up to 130 jobs

Dairy cooperative Milcobel wants to cut up to 130 jobs
Dairy cooperative Milcobel wants to cut up to 130 jobs

The management of the Milcobel dairy cooperative announced on Monday, during an extraordinary works council, its intention to cut up to 130 jobs as part of a reorganization aimed at restoring its profitability and responding to losses suffered in 2023.

2023 was a particularly difficult dairy year.“, Milcobel justifies in a press release. “On the demand side, an increasingly global dairy market brings more geopolitical and economic uncertainty. On the supply side, the greatly increased regulations regarding agriculture and livestock breeding in Europe and Belgium are leading to a decrease in the milk pool, so we must expect a decline in milk supply“, explains the cooperative, which also mentions the increase in the costs of raw materials and energy as well as the indexation of wages.

Milcobel closed the year 2023 with a net loss of 11.6 million euros, for a turnover of 1.315 billion euros (-3.7% compared to 2022). The announced reorganization would involve the integration of the company’s various dairy units and the reduction of activities linked to milk powder. It would result in the loss of 130 positions,”mainly white-collar workers and managers, as well as workers in the powder production department in Kallo” (Calloo, province of East Flanders), it is specified.

Milcobel has seven sites in Belgium, mainly in Flanders, but the cooperative is also present in Barchon as well as in France (Argentan, in Normandy). Some 2,000 dairy farms are affiliated to the Belgian cooperative.

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