Cerealto Siro closes its biscuit factory in Venta de Baños

2022-07-07 09:24:48 By : Mr. Danny Li

Your card expires on .Update your payment information to continue being a member of elDiario.es.Your support is still needed.It seems that you had problems registering as a member in elDiario.es.Finish the process in just a few minutes.We need you more than ever.Your payment details are wrong or incomplete.Update your data to renew the fee and not cause cancellation as a member of elDiario.esCerealto Siro Foods closes the Venta de Baños plant due to a "lack of competitiveness that is unaffordable for the company", as confirmed by the company in a statement.Siro raises the possibility of relocating the 197 workers affected in Castilla y León or the dismissal agreed between the works council and the company.As El Diario Palentino has advanced, it is expected that the transfer will be carried out "progressively" in the next 24 months.Cerealto Siro attributes its drop in business to Mercadona's change in strategy with suppliersThe company is immersed in the negotiation of the Competitiveness Improvement Plan, whose agreement it considers "imperative" to reach in the coming days to "ensure the entry of investment partners".Siro defends that the closure of the factory is a “very difficult” decision taken at a time “when reality must prevail over emotion”.The salary cost of the plant is "29% higher than the average" of the rest of the plants, with absenteeism of "18.2%" (the average in autonomy is 6%, according to the company) and a certification of IFS quality “at its basic level”.Cerealto Siro Foods is one of the largest food groups in Castilla y León and has 1,179 employees in the Community.In November 2021, it identified the origin of its critical situation through an internal document: Mercadona and its change in the supplier system.The Group has been searching for months for an investment partner that would allow it to move forward after accumulating a debt of 299 million euros.In that report, "confidential" according to the company, there was a fundamental fact and that is that the company began to fall when Mercadona reached the limit of territorial expansion and sought greater profitability for its own production.From that moment on, the suppliers that produced entire products exclusively for the linear supermarket chain lost their reciprocal exclusivity with the chain and had to start competing with each other.As reported this Tuesday afternoon by Cerealto Siro, displaced employees will see their salary conditions modified and adjusted to those they have at the destination plant.If there were salary differences, "the difference would be compensated with 45 days per year worked, without a limit."In the case of "incentivized voluntary departures", 33 days will be paid per year worked for a maximum of 20 monthly payments "as agreed with the works council in Serla on March 10".In recent weeks, Siro has reached a preliminary agreement with the company committees of the Aguilar de Campoo plant and the Special Employment Centers for the implementation of the Competitiveness Improvement Plan.The Toro Company Committee plans to submit the agreement to a vote at the Assembly this Tuesday, May 31.Workers at the Toro plant went on strike for five days in early April during contract negotiations."The entry of the investment partner as the majority shareholder of the Company is conditional on the signing of the Competitiveness Plan that must be closed in the coming days, and, if it does not occur, will imply the immediate withdrawal of the offer by the investment partner" , warns the company through the statement.The municipality of Venta de Baños has been associated with Siro for decades, a family company that expanded its business there with a plant in the 1970s, which would later be sold to Danone (although it kept its brand).In 1991, the founders of a new company bought the historic Galletas Siro factory from BSN-Danone, which was then due to close.The company maintained the initial 80 jobs and grew its 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