HK Scan Settles Fire Insurance Claim27 November 2013
DENMARK - Finnish meat processor HK Scan has finally settled its insurance claim following a fire at its Danish plant in Vinderup that took place in June last year.
The insurance covered damage to property, loss of profit and additional costs caused by business interruption.
The property insurance compensation part of the total compensation amounts to €7.2 million in 2013.
It will be reported as non-recurring income in the fourth quarter of 2013.
Total capital expenditure related to the fire amounts to €26.5 million.
TheMeatSite News Desk