Croatian Zvecevo Chocolate Factory Extinguishing Part of Production

Lauren Simmonds

As Poslovni Dnevnik writes on the 10th of March, 2020, Croatian Zvecevo is set to extinguish part of its production and the number of workers in the manufacturing and non-manufacturing sectors will also be reduced, Zvecevo’s management announced.

”Due to the negative market trends in 2019, as well as the projections for 2020, which significantly affect the profitability of all products in our product range, after several months of analysis of all production and business processes within the company, we’ve been forced to initiate the process of consolidation of the entire business with focusing on the profitability of the product range and the stability of the company.

Consequently, the company’s management board made a decision to cease thr production of certain products, reorganise the production processes on all production lines, optimise work processes in non-productive sectors, all with the aim of maintaining and continuing stable operations, and in order to maintain the strong position of our products in the long run, as well as our brands on the market,” reads part of the announcement of the Croatian Zvecevo’s management board when asked by reporters whether or not it was true that about one hundred employees would be left without a job at the famous factory, writes Glas Slavonije.

The Croatian Zvecevo chocolate factory in Pozega used to be an excellent company, whose workers had solid, guaranteed salaries and their products were listed well on the market.

“Unfortunately, one of the measures is to reduce the number of employees in the manufacturing sector, which is conditioned by the optimisation of production processes, as well as part of our employees from non-production sectors due to the optimisation and merging of our work processes.

When deciding on the proposal for a decision to terminate employment contracts due to business reasons, we had in mind the workers’ age his or her seniority, his or her maintenance obligations, and that there was no possibility of employment in other positons that would be suitable for the appointees. All employees will exercise their rights, due to their termination of employment, in accordance with the applicable Labour Law,” Croatian Zvecevo stated in response to journalist queries.

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