Omnia’s restructuring bears profitable fruit
After two years of ‘painful’ restructuring it is now financially healthy enough to choose what to sell
Chemicals and fertiliser group Omnia says extensive restructuring, including job cuts, across its business lines will help it adapt to changing demand in the wake of the Covid-19 pandemic, with the group now eyeing new markets, such as India.
After two years of “painful” restructuring, the group is shifting its focus to increasing sales and growing distribution, said CEO Seelan Gobalsamy. ..