It was the first year in which we acted from beginning to end under the pioneering vocation of our parent company, Minerva Foods, which throughout its history has faced all adversities and has positioned itself ahead of the development of its sector. It is a Company that keeps its eye on innovation and management discipline – characteristics that are also embedded within our own DNA.
Iain Anderson Mars
The Company’s Bylaws establish the norms for acting in the capital markets, define the composition of the Board of Directors, the responsibilities of the directors and the election of members for ordinary and extraordinary general meetings. The document also establishes that auditing of accounting, inventory, balance sheet and other financial statements shall be performed by an external auditing firm.
This market shift has also benefited the performance of Athena Foods in Paraguay. This was a result of customers from countries that have redirected their sales to China, for example: Brazil, Argentina and Uruguay, have increased their purchases of beef from Paraguay.
MANAGEMENT
103-21: Employment
By the end of 2019, Athena Foods had 7,491 employees, of whom 6,368 were men and 1,123 women. The Company believes that the success of the company depends on the satisfaction, motivation and enthusiasm of all its employees. The Company has adopted measures and procedures that provide a healthy and enriching environment, in addition to stimulating the personal and professional development of those who work in its units. Likewise, it continuously invests in training and campaigns in order to engage its employees in safe and sustainable practices, providing information on health and well-being.
