Stock of Trieste, a historic liqueur manufacturer, will transfer production to the Czech Republic to reduce costs and increase efficiency. "It is with great regret that Stock Spirits Group - reads a note - announces the closure of the production site in Trieste and the transfer of production to the plant in the Czech Republic". The decision is dictated by "a commercial context affected by the contraction of consumption and the need to remain competitive, consolidating our production to reduce costs and increase efficiency”.
Stock explains that in the last three years it has made “significant efforts to improve our operations in Trieste and we would like to thank the employees who have helped us improve productivity. However, after careful analysis, it is clear that the Trieste plant remains economically unsustainable compared to our other production sites and it is therefore with regret that we have reached the decision to cease production in Trieste”.
In the meantime, the Trieste group has opened “a negotiating table with the unions regarding the closure and has started negotiations to agree on the terms of the cessation of production activity. Stock Italia – concludes the note – will continue to be present on the Italian market with its wide range of products, which will continue to be made with exactly the same traditional recipes and the high quality for which Stock is recognized”.
