New Zealand mega-dairy Fonterra faces angry representation from shareholders today [Thursday] as claims mount that the company is being run inefficiently.
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Milk collection problems continue to dominate farmers’ concerns, reports stuff, which revealed that representatives of the shareholder council will meet with Fonterra in Hamilton and Te Awamutu. However, a spokeswoman for the company described the appointment as a routine supplier meeting.
Dairy Farmers of New Zealand chairman Kevin Wooding said last night: “We’re not getting the service we had before, and the liaison with the company is not good.”
