Rising prices, but falling revenues! Slaughterhouse operator Herbert Handlbauer is considering closing his doors. 400 employees would be affected. Closing the company would also have huge consequences for farmers. The entrepreneur accuses a company that disposes of meat waste of abusing its dominant market position.
Herbert Handlbauer has done good business in the past with his slaughterhouses spread across Upper Austria: the company, which has branches in Linz, Wels and Ried im Traunkreis, employs 400 people (of whom 250 are regular customers) and has an annual turnover of 250 million euros. Cattle and pigs are slaughtered in the slaughterhouses and then dismantled. However, it is now threatened with closure.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
