Slovak Sugar Factories in European Sugar Market Transformation Process
2021
Dvorak, Marek | Krajcirova, Renata | Kadekova, Zdenka et al.
The paper assesses Slovak sugar factories in the process of transformation of the European sugar market from the point of view of financial health and financial condition. Before the start of the 2020/2021 campaign, sugar factories in Slovakia had a low probability of bankruptcy and excellent payment morale towards their customers, which they maintained throughout the analysed period. From the point of view of the degree of risk, the Považský cukor, a.s., has a degree of increased risk and Slovenské cukrovary, s.r.o., has a slightly increased risk. There is a great promise that with the set environmental parameters, the analysed Slovak sugar factories will maintain their sugar production, their financial health and financial condition.
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