LITHUANIA: COMPLAINTS ABOUT DANISCO
Article Abstract:
The Lithuanian government has turned to the Danish government regarding a complaint that Danisco does not live up to its commitment in the Lithuanian sugar market. The complaint has to do with Danisco's strong position in Lithuania. The company owns dominating shareholdings in three of the country's four sugar mills. The fourth is 50% owned by Danisco whereas sugar-beet growers own the other half. This mill went bankrupt a year ago with a debt of DKr50mn (US$7mn) and Danisco has refused to pay for the previous management's failures. This means that the Lithuanian sugar beet growers will not get paid for the past year's supplies for beets. They request that Danisco pay for the supplies. In order to make the government to interfere the growers have blocked the main road from Poland through Lithuania. The government, however, rejects requests to remit the mill's debts suggesting that market forces be allowed to solve the conflict. Lithuanian prime minister Paksas, however, supports the growers and has thus officially turned to the Danish government in order to reach a solution to the conflict.
Publication Name: Boersen
Subject: Business, international
ISSN:
Year: 1999
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SENEGAL: PRODUCTIVITY EFFORTS NEEDED AT CSS
Article Abstract:
Compagnie sucriere senegalaise (CSS) expects to spend FFr 10mn over two years into a sugar drying and conveying machine supplied by Fives-Lille, while another 4mn should be injected to improve the crystallization process. The Senegalese sugar production firm, which recently bought a bascule bridge for its fleet of 22 trucks (a FFr 700,000 contract for Trayvou Testu), needs to make efforts to increase productivity. While investing into a new plant would be too much expensive (in today's context where sugar prices are fluctuating), the existing beet crushing capacity is no more than 5,200 tons a day. CSS produces 90,000 tons of sugar a year, when domestic consumption in Senegal is worth between 140 and 160,000 tons. Official exports are worth an estimated 40,000 tons while a further 40,000 tons is accounted for by illegal exports from Gambia and Mauritania. CSS, which boasts one among the highest yields world-wide (a yearly 13-13.5 tons of sugar per hectare, instead of 12 tons in Europe), turned over FFr 420mn in 1999.
Publication Name: MOCI
Subject: Business, international
ISSN: 0026-9719
Year: 2001
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SENEGAL
Article Abstract:
Crafstmen account for 78% of the total fishing production in volume in Senegal, the remaining 22% being for the industrialists. Senegal, which has a long-established tradition in fishing and a significant capacity (718 km of coasts, a 400-km2-large continental water area, etc.), ranks among the biggest fishing countries in intercontinental Africa with 420,000 tons of fish caught and unloaded each year. Fishing, worth 11% of the primary GDP and 2.3% of the global GDP, is the biggest contribution among the primary activities, followed by phosphate and groundnut products.
Comment:
Senegal: Fishing is worth 11% of primary GDP and 2.3% of global GDP
Publication Name: MOCI
Subject: Business, international
ISSN: 0026-9719
Year: 1998
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