Litera Meat Forecasts €500 Million Returns in First Year of Full Operations

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Litera Meat Forecasts €500 Million Returns in First Year of Full Operations

The pork processing facility in Binéfar, which currently employs over 1,200 individuals and exports to over 50 countries globally, has a significant presence in the most stringent meat markets. Binéfar, 15 September 2020. Litera Meat's inception and progress in its initial year of operation have demonstrated a highly positive outcome, achieving substantial revenue figures and establishing remarkable international trade agreements. In the first half of 2020, the firm generated over 223 million euros in revenue and anticipates this number to exceed 500 million euros by year-end, with sales volumes exceeding 250,000 tonnes of pork meat. After a year of operation, the company employs over 1,200 individuals, processes an average of 60,000 pigs weekly, and exports to over 50 countries across five continents. Manfred Bos, Litera Meat's CEO, stated that innovation and responsible management are some of the principles that underpin Litera Meat's continued growth. Approximately 60% of Litera Meat's suppliers are Aragonese herders, and 20% are based in Catalonia. The company has always prioritized local products, which has had a positive impact on the region, promoting economic and social growth and opting for high-quality regional raw materials. The company has created over 1,200 new direct jobs in the administrative division of La Litera, in addition to the indirect jobs associated with this project's launch. Litera Meat has a diverse and multicultural workforce of over 40 nationalities, with a significant representation of women and young talent. The company is committed to the future and the professional development of its employees. Litera Meat's training center allows for the professionalization and specialization of its employees, in addition to expanding the province's educational offerings and promoting the integration of trainees into the labor market. Litera Meat is committed to responsible and sustainable energy management and has progressively increased its consumption of green energy. All of Litera Meat's energy supply comes from renewable sources. The company has a dedicated Environmental Issues area focused on developing a long-term sustainable strategy and promoting the seamless integration of society, the economy, and the natural environment. Litera Meat has demonstrated a commitment to animal welfare from the outset. The company has received the prestigious Welfare Quality® seal with a highly favorable score. The company has also received approval from the Agriculture, Livestock, and Environment Department to teach three modules on animal welfare at its training center. Litera Meat is focused on strengthening the concept of Corporate Social Responsibility (CSR), which includes a comprehensive plan with various measures and actions promoting territorial development, the principle of equality, work-life balance, environmental sustainability, and the creation of synergies with other businesses and groups to build collaborative relationships.

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