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PRODUCTION IN OSIJEK SUGAR PLANT STABILISES

OSIJEK SUGAR PLANT STABILISES OSIJEK, March 6 (Hina) - Chairman of the Supervisory Board of Osijek's multi-plant works, IPK, Ivica Pancic, said in Osijek on Thursday that after last year's contentious case of exports of sugar mixed with sugar-cane sugar, production at Osijek's Sugar Plant stabilised and higher export of sugar is expected.
OSIJEK, March 6 (Hina) - Chairman of the Supervisory Board of Osijek's multi-plant works, IPK, Ivica Pancic, said in Osijek on Thursday that after last year's contentious case of exports of sugar mixed with sugar-cane sugar, production at Osijek's Sugar Plant stabilised and higher export of sugar is expected. #L# Pancic said at a news conference that a recent visit of a EU sub- commission for trade had shown that omissions relating to the case of last August had been resolved, and that the sub-commission was satisfied with the undertaken measures. IPK CEO, Zvonko Erak, said the investigation in the case was not entirely completed, but the amount of sugar-cane sugar mixture was lesser than one had thought at the start. Erak said that after the scandal, exports had decreased for a period of time, but that exports to Italy and Austria, which accounted for 95% of the sugar plant's exports, was now at normal levels. The plant last year processed 482,850 tonnes of sugar beet and manufactured 52,256 tonnes of sugar, while sugar reserves at the end of last year amounted to 63,000 tonnes. (hina) lml sb

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