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Parmalat SA confirms status quo
Parmalat South Africa confirmed today that no restructuring plans have been prepared in anticipation of the final plan by Dr Enrico Bondi, the administrator of the Parmalat holding company in Italy.
Parmalat South Africa also confirms that the company has no intentions to change its strategy for pasteurised milk, says Theo Hendrickse, Parmalat South Africa Corporate Affairs Director.
This confirmation by Parmalat South Africa is issued in the light of recent media statements by the Food and Allied Workers Union (FAWU). Says Hendrickse, "We are committed to proper communication with all our stakeholders and will continue to consult with them, including FAWU, on how we will achieve the targets which we expect Dr Bondi will set for the countries operating within the global Parmalat group."
Errieda du Toit PR on behalf of Parmalat SA