Tnuva’s Romanian dairy is causing heavy losses, and is one of the first issues that new chairman Shlomo Rodev is tackling, Globes reports, citing unnamed sources.
If Tnuva cannot sell the business, it will close it down.
The company planned to reach a turnover of EUR50 million a year in three years, but sales reportedly total no more than EUR20 million a year, according to the report.
Tnuva declined to comment on the report.
Newspaper website: www.globes.co.il