Brief: Adventure Box Restructures Company

Adventure Box Technology AB (publ)

19/11/2021 08:05

Nov 19 (Reuters) - Adventure Box Technology AB (publ)
 ADVBOX.ST :
    * ADVENTURE BOX RESTRUCTURES THE COMPANY
    * TO INVEST MORE IN ITS MULTI MAKER PLATFORM WITH REDUCED
STAFF,
LOWER COSTS AND A CLEAR PURPOSE FOR FASTER DELIVERY
    * WILL REORGANIZE TO FOCUS ON FASTER DEVELOPMENT TO MAINTAIN
AND
ENHANCE ITS MARKET POSITION
    * COMPANY WILL ALSO IMPLEMENT SEVERAL TARGETED COST-SAVINGS
MEASURES.
    * CHANGES WILL CONTRIBUTE TO ADVENTURE BOX ACHIEVING A COST
SAVING
OF ABOUT 35%,
    * IS IMPLEMENTING MEASURES TO NICHE COMPANY'S COMPETENCE
BASE,
WHICH AFFECTS SEVERAL EMPLOYEES.

Source text for Eikon:  ID:nBQN7Sh4Ks 
Further company coverage:  ADVBOX.ST 

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