Azucarera will invest 28.8 million over five years in its factory in Toro (Zamora)

The Azucarera company plans to invest 28.8 million euros over the next five years in its factory in Toro (Zamora) with the aim of turning it into one of the most competitive in Europe, as the company announced this Thursday in a statement. It has indicated that this is the largest investment it will make and adds to the 2.4 million euros invested this year in that factory where production in the northern area is concentrated after the closure of the one in La Bañeza (León). With the announcement of this investment, Azucarera wanted to counter and deny information spread by the agricultural organization COAG which claims that the company was going to invest 42 million dollars in Paraguay to move sugar production there, something that it has warned is "totally false". It has dismissed COAG's information as "erroneous and ill-intentioned", as it generates confusion among farmers and society when Azucarera's commitment is to "transparency and sustainable development" of operations in ...