French dairy products maker Yoplait has decided to close its sole plant in Czech Republic at the end of May, with the loss of 100 jobs.
Excessive production costs at the facility in Slusovice means the site has been losing money, a spokesperson for Yoplait said.
The spokesperson said high milk prices has made Czech dairy production uncompetitive compared Germany, Hungary or Poland. “Yoplait products will [from June] be imported into the Czech Republic from our existing plants elsewhere,” the spokesperson told just-food.
Yoplait has also decided to shut its main administration centre in the Czech Republic, also in Slusovice, in July.
Yoplait had entered the Czech market in 1995 when it acquired local food manufacturer Galas. At the end of that year, Yoplait launched its own production in the country. In the company’s fiscal year ending 30 June 2010, according to Masson, its sales in the Czech Republic totalled CZK500m.
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By GlobalData