Bankruptcy Hits SanCor Dessert Maker, Over 400 Jobs Lost in Liquidation Process

The bankruptcy of Alimentos Refrigerados S.A. has resulted in the liquidation of SanCors dessert manufacturing, leading to over 400 job losses in Córdoba, Argentina.

• A judge in Córdoba, Argentina, ruled for the bankruptcy of Alimentos Refrigerados S.A. (Arsa), the producer of SanCors yogurts and desserts.
• The bankruptcy decree, issued by Judge Federico Güerri, initiates the final liquidation process, significantly impacting the workforce and local economy.
• The closure of Alimentos Refrigerados S.A. jeopardizes over 400 jobs, highlighting the challenges faced by the dairy sector, particularly in the context of rising milk prices.