The Lurpak Dairy Company is in a difficult position due to the Brexit

The Danish company has to implement cost savings of at least 400 million euros, because Britain, one of Lurpak’s biggest consumers, will leave the European Union and this will be a major currency loss for the famous butter producer in the future.

The record-sized cost reduction is planned to be implemented over three years, to ensure that more than 11,000 North European farmers can remain profitable – the company told.

The dairy company currently employs 19,000 people and believes it is too early to say how many jobs will be affected by the cost reduction. (origo)