tv DW News Deutsche Welle September 14, 2019 5:00am-5:16am CEST
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food supply. bayer has battled fierce criticism from environmentalists but steel with monsanto has also been denounced in german boardrooms like here in frankfurt at the asset management group of us its main shareholder is deutsche bank . yeah i'm suzy i can avoid it they wanted it too badly and if you invest a lot of time on something this deal was more than 2 years in the making then there's often a tendency to say we've spent so much time and money so even if it's all not perfect now we have to go ahead with it. christiane speaks for many bayer shareholders. not. from the other the shareholders weren't given enough information yet and above all they weren't consulted on whether they approved of such a change to the company and. this after all shifted the company focus from pharmaceuticals to agro chemicals and the shareholders should have had
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a say in that transformations it's by no means clear whether that was legal or not . d.d. financial oman missed a bomb on thought he could transplant buyers good reputation over to monsanto by covering up its name with buyers but it wasn't that easy and now unfortunately monsanto has arrived in europe and germany. they are stock price and image have been weighed down by the negative media coverage in the u.s. but its head office insists that's not clouding business. look we can all read about what's happening out there but i can tell you that in the house we know business is doing very well. the 1st quarter of 21000 went very well naturally the stock price isn't cause for celebration and that is primarily driven by the uncertainties arising from the legal disputes we're facing in the us and. d.v.r.
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in was of course we were aware that there was a problem with monsanto's reputation and image we knew them well as our competitor but we also felt that we can handle that v.n. to justice and you can. better believe that buying monsanto would boost its balance sheets the creating synergies and saving costs would generate higher profits but nobody knows how much us legal costs and potential compensation payments will dent those profits there appears to be little appetite among bayer employees to voice open criticism a former top tier employee does consent to speak anonymously. i'm afraid they haven't measured the pulse of workers inside the company and that employees are afraid of speaking their minds instead they keep telling each other that the science is on our side we are right and we need to grit our teeth because it's just a matter of time until we're proven right. but that won't work management has obviously underestimated just how severe the criticism is and how long it's
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continued and just how badly it can shake the company to its core. before its monsanto takeover bayer actually enjoyed a good reputation in the agricultural sector one of its leading divisions was its vegetable seed business under the brand in the netherlands. and here they are cultivated vegetables from high quality seeds without any help from the controversial technology of genetic engineering. like to cumbers bigger than average and very tasty from seeds that fetch maximum market prices but amid beyers quest to acquire monsanto some 30 antitrust regulators worldwide spent 2 years examining the proposed union to see where it might reduce competition. and they gave faiers vegetable seeds production a thumbs down there was forced to divest this profitable business it sold it to be
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a asset for 7600000000 euros a bargain market analysts say. numb cans can no longer carry the bayer logo. that. quite apart from the merger they are still has problems in the pharmaceutical sector. involve more talo the works council fears for $750.00 jobs in the whole of germany 4 and a half 1000 jobs are at risk. worldwide the figure is at $12000.00. the head of the works council voices cautious criticism. as to jim a shift here thought so it really hurts the employees here to have to stand by and watch the gradual erosion of the company's good reputation that the voice within this is their home. so it's important to let the dust settle and focus on the facts
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and ultimately this kind of interview only serves to reignite debate and stir up tempers and that's exactly what i'd like to avoid. no matter whom we ask employees say the merger is a hot topic in house but no one will go on the record. buyer generally tends to view criticism as disloyalty it shuts the gates and withdraws from view but now would actually be the time to open up to listen and demonstrate a willingness to admit it's very obvious mistakes to learn from them and allow the dialogue that says it seeks with opponents to actually take place. dialogue on beyers terms in february 21000 its communications department invited the press minus their cameras to the bay arena to premier league soccer club bayer leverkusen with a view on to the chemically fertilized pitch the aim was to convince journalists
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about the advantages of life as it as an introduction they were shown a 6 minute film. sri lanka home of cylon t.v. worldwide this tea is valued for its unique qualities sri lanka's fertile soil and perfect climate offers the ideal conditions for the production of the finest aromas and good yields. so i told him for the elaborately produced video takes us to sri lanka and according to the film's narrative the exotic paradise came under serious threat 4 years ago the government banned the use of like a safe food exam to learn to accept in sri lanka suddenly we'd sprung up everywhere . on cults best of x 2 teen rice and corn yields collapse. in father selection in india the list sound bites from plantation managers scientists and politicians
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underscore the severity of the situation but then there's a turning. citing a misguided decision based on dubious studies that the government lives the life of . the film dismisses these studies as unscientific but a line of an appropriate cuts internet site. but now all will be well again life estate will soon make up for the massive crop failures sri lanka say. the recent life as it was banned in the 1st place is only mentioned in passing and not illustrated in the film. over 2 decades a mysterious chronic kidney disease has killed more than 20000 people in sri lanka and almost all of those affected worked on farms or plantations where they were exposed to large quantities of life. in belgium we meet 2 of the researchers who've been working to uncover the causes
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of this endemic that is affected tens of thousands of people in rule 3 long term. china is a doctor and toxicologist he's a right here and look at him from sri lanka to discuss the latest findings with the belgian kidney specialist mark dobro. although dobro is retired he's continued his research and it was through his work that the 2 physicians met. early doors named as. one shared no one no nuclear energy and many people died and more than 70 potion people would have been 120 to have the disease so now we just the media still tissue indeed actually we did they did anybody milledgeville least idea and we've found it has a very high. updating from dr jaya somalia believes the source of the disease lies in the groundwater. in the affected areas it contains various heavy metals in these bond with pesticides or herbicides such as life is
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