Debt-Ridden Slovak Meat Company Danubius Sold to Czech Buyers to Avoid Closure
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Slovak meat processing company Danubius is being sold to Czech investors after struggling with mounting debts and enforcement proceedings. The current owners announced they had no choice but to sell the business to prevent its complete shutdown. The sale represents the latest example of financial distress affecting Slovakia's food processing sector, as companies face pressure from rising costs and debt obligations that threaten their operations.