The recovery plan is focused on four areas: healthy production aimed at enhancing the processes; raising internal efficiency with organizational adjustments, including the undertaking of a severance process since last year; finance and support at trade association and government levels to speed up implementation of the industry’s new production model; and passage of a bill going through the Chilean Congress, El Diario Financiero reported.
Although Gutierrez declined to give details about the plan, he said “there’s a mixture of moderate optimism, because there is an entire history of this company that has been hugely successful.”
