SPAIN: Panrico tight-lipped over Valladolid plant closure talks

By Michelle Russell | 13 July 2012

Spanish baker Panrico has declined to comment on reports it has asked staff at its Valladolid facility in north-central Spain to accept a pay cut in order to avoid closure of the plant.

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Spanish baker Panrico has declined to comment on reports it has asked staff at its Valladolid facility in north-central Spain to accept a pay cut in order to avoid closure of the plant.