date:Aug 08, 2012
It employs around 3,400 people and its brands include Soft and Pre Dodu.
A spokesman for the administrators, FTI Consulting, called this development an important step:This is a milestone which enables us to prepare a plan calmly to continue the export clusters with our partners, Barclays and Almunajem. We will first expand this partnership to certain creditors who have expressed interest and then to French industrial groups. On both these sectors, our plan protects jobs, ensures the company is