Definitive Cancellation: Ardo Does Not Accept State Aid Offer
12 Articles
12 Articles
Too many regulations, too high energy and wage costs: why the Austrian food industry is shrinking for the first time this year.
The company Ardo operated a factory in Austria for the production of frozen vegetables. This is a relatively simple business. You buy vegetables, you chop vegetables, you freeze vegetables. To do this, you only need workers and energy. Both have become unfinanceable in Austria.
Even support from the federal and state governments cannot transform the structurally unprofitable farm into a sustainable long-term solution, says the Ardo Group. Now, a solution may be found with vegetable processors Efko.
The hope for a happy end for the freezer plant in Groß-Enzersdorf in Lower Austria melts away. Despite the support offered by the federal government and the country, the large Belgian company has officially rejected the continued operation – despite aid package, farmers' demos and investor interest. The reason is tough: the location is structurally unprofitable, public aid could not change anything. Since 2023, the plant has posted an average an…
The Belgian company continues to close the frozen vegetable production in Groß-Enzersdorf. The location is too unprofitable.
der Standard AT
der Standard DEAccording to the group, state support can also not be a long-term solution for unprofitable operations.
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