PROCESSES OF CONCENTRATION IN SUGAR INDUSTRY
The paper presents the progress and the consequences of concentration processes in sugar industry. The studies encompassed both market and production concentration processes. The current structure of entities in the sugar market is the effect of statutory regulations and several years of ownership-capital transformations that lead to development of five owner groups. Within those groups concentration of production occurred as a consequence of which a significant improvement of production-technological results of sugar industry and its raw materials base took place. The situation in the sugar market is determined to a high extent by its specifics and the market conditions that encompass statutory regulations, demand factors and the global market situation. The currently taking place sugar market reform is to result in a decrease in prices and production volumes, which requires termination of production in consecutive sugar refineries and taking up other types of production by such plants. This forces further restructuring and concentration processes. Only the most productive and modern refineries will be able to continue production.
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