March 13, 2009
Denmark's Jutland Meat sees growth
Danish privately owned slaughter-house company Jutland Meat are gaining more meat suppliers whereas its rivals Danish Crown and Tican are losing more and more pigs that are sent to Germany for slaughter as the German prices paid to breeders are higher than in Denmark.
Jutland Meat seeks an increase in slaughtered pigs a week to around 10,000 in 2009. In 2009-2010 the company expects to expand production by 30-40 percent. The company has currently 100 suppliers but expects to sign more contracts when the contract with Danish Crown expires at the end of the year.
Jutland Meat, is owned by Dutch Frans Stortelder, posted a net profit of DKK 6 million (EUR 805,436.87 US$ 1.03 million) on a turnover of DKK 525 million in 2007-2008.
