Lácteos Verónica: Navigating Through Financial Turbulence

Company Name: Lácteos Verónica

Location: Argentina

Financial Indicators

Lácteos Verónica is currently facing a significant financial crisis. The company has accumulated a debt exceeding 7.545 billion pesos, leading to numerous bounced checks and defaults on employee salary payments.

Important Events

Due to these financial difficulties, Lácteos Verónica sought a Preventive Crisis Procedure (PPC) from Argentine authorities, which would allow the company to lay off 210 employees and suspend another 200. However, the Argentine Government, through the Labor Department, rejected this request, citing the need for stronger evidence to justify such measures.

Company Plans

As part of its restructuring efforts, Lácteos Verónica is exploring options to stabilize its financial situation. Despite the rejection of the PPC request, the company is likely to continue seeking solutions to manage its debt and address operational challenges. Currently, it processes a minimal amount of milk through a third-party agreement, which is not generating sufficient income.

Modified: 2025/08/29

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