Albo leaves Vigo after 93 years and reinforces the abandonment of his downtown headquarters

Until the new facility travels every day 150 people who make up the Albo squad, mostly women, agreed on a transport bonus of around 115 euros per month, which would pay for a bus service. “Relocation is undertaken by staff, but bus is managed by company”, same resources abound. They will also take a twelve-minute break in the middle of the day that they did not take before.

The facilities of the industrial site of Plisan, located on a plot of approximately 63,000 square meters, multiply the production area of ​​Vigo by eight, which also has a logistics area overlooking Beiramar, next to the refrigerator operated by Frigalsa. 2,700 meters. Last Thursday, Albo’s estate, Shanghai Kaichuang, notified its shareholders about the transfer through a related fact submitted to the Shanghai Stock Exchange. “A project acceptance order was issued on October 7 to accommodate equipment tuning tests.” Indeed, the two days (the 17th and 19th of this month) where the new machines were tested took place without major incidents. In a nutshell, the Chinese holding company – part of the massive Bright Food conglomerate with public participation – 25.25 million euro of the total investment of 30 million was invested in Salvaterra-As Neves.

“The target in the strategic plan is to produce around 100 million boxes per year.but we want to reach 75 million in the near future. We are currently about 60 million individual cans,” said Albo Juan Montáns’ board member in an interview with Faro de Vigo of the group Prensa Ibérica. So the difficulty is huge and It will enable the company to significantly increase its volumes and compete with other major players in the industry. Also in a context where the already traditional competition in costs is added to a scenario that will drive customers to the distribution brand (white label) due to inflationary pressure. “We also do not exclude the international struggle with larger companies entering the market at a lower price and trying to get there. Always without touching the core, which is the Albo brand. There are places we can’t reach because it’s basically a price war, but there are others because they are also looking for quality”, Montáns told this newspaper.

bye

In the same message from Shanghai Kaichuang to its shareholders, he reminded not only the terms of leaving Vigo, but also the future of their facility in Celeiro. “After the completion of the new factory, the old Vigo and Celeiro factories will no longer be leased and will integrate the production capacity of these two into the factories. To promote the sale of Albo products on the Spanish national and international market”. According to the canning company’s latest available accounts (2020), the payment for the use of Vigo’s facilities amounted to 329,606 euros per year, to which should be added Celeiro’s accrued payments. The owner company is Hical Vigo, which entered the fiscal year 2021 at just over 415,000 euros, as indicated in the documents submitted to the Trade Registry. Albo’s contract of sale—Shanghai Kaichuang Marine International paid more than 60 million for the company—did not include the purchase of buildings with no option to purchase in the future. It is the Albo family that controls the administration of Hical.

With the farewell of Albo de Jacinto Benavente The area without industrial activity is increasing exponentially in an area that aims to be completely reformed with the expansion of residential buildings. following the introduction of Inveravante in the former Cordelerías Mar. The canning company adds 10,600 square meters to this list of unused square meters, among those for production and logistics use, and caresses 80,000 square meters in total. meters built. There are many buildings that contribute to this list: from Frivigo (14,525 meters built on different floors), Frigodis (20,947), Pescapuerta (11,469) or the old Flex building (15,198).