Subana Biscuit Ceases Operations

il y a 13 ans, 6 mois - octobre 02, 2012
Subana Biscuit Ceases Operations
Subana biscuits, in operation since 1971, 41 years of existence, has ceased all production activities since last week. Employees, a hundred in total, received their letters of dismissal with notice. Solicited Noopnarain Sukai, CEO of Mauritius Biscuit Making Co. Ltd., reported experiencing enormous economic challenges to maintain its activities.

For two years, we find ourselves financially in the red. The cost of operation, including employee wages, exceeds our income. In such circumstances, we have no choice but to put the key under the mat, "he said.

However, could Subana that cookies are always available on the market in the future. Freelance Distributors, a company specializing in the import and distribution of various products, is poised to take the biscuit Bell Village.

Negotiations have reached an advanced stage, have confirmed Matinal the main protagonists. They are waiting for the lease of the land on which the business is located to the transaction. The lease granted by the State is 60 years with possibility of renewal.

A hundred employees on the pavement

Among employees Subana Biscuit is consternation. A Monday, they demanded their salaries for the month of September. Legally, the deadline for payment is today.

Noopnarain Sukai, we met at his office, said he understood the anger of its employees.

"We have no money at the moment," he dropped laconically.

According employees have made contact with the Confederation of Private Sector Workers (CTSP), under the chairmanship of Jane Ragoo union to try to change the situation.

At the Ministry of Labour, is said to closely monitor the folder. "We will ensure that employees receive their compensation for dismissal," said a senior Matinal to the ministry.

Biscuits in operation since 1971

Returning to the situation in which Mauritius is Biscuit Making Co. Ltd., Noopnarain Sukai reported experiencing enormous difficulties to cover expenses related to production. "Our turnover fell by Rs 50 to Rs 25 M M per year. This, while operating costs have continued to rise, "he said.

It was in August 1971 that the Biscuit Subana (note: the appellation was composed of three different names) launched its activities . She received the Development Certificate which exempted from payment of any tax on its income for a period of six years. Cookies were originally produced biscuits "Mary" and "Cream Crakers." "The first three years of operation were negative. Things have improved since 1975. In 1990, I decided to open a second unit straws. It was a bad decision that cost us a lot of money, hence the decision to close. The situation had deteriorated significantly in 2010. On the one hand, we had to face stiff competition or the massive importation of biscuits and the other 'overheads' were unsustainable, "he said.

Recognizes his mistake but not having innovated in time.

 

Text by lexpress.mu

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