Kostelecke Uzeniny, a.s. is the largest processor of meat and meat products in the Czech Republic. The Company produces various types of processed meat in the fresh or smoked forms, sausages, ham, etc. mainly from pork, beef and chicken meat.
The Company is one of few loss-making companies within the Agrofert portfolio. In 2012, Kostelecke made a loss of CZK 102 mil extending the cumulative losses to CZK 602 mil for the last decade.
With net debt exceeding Company's equity more than five-fold, capital strengthening seems to be only a question of time