Brief: Agfa Considers To Reorganize Production Capacity For Its Computed Radiography Equipment

Agfa Gevaert NV

06/11/2020 11:14

Nov 6 (Reuters) - AGFA GEVAERT NV  AGFB.BR :
    * REPORTED ON THURSDAY IT CONSIDERS TO REORGANIZE ACTIVITIES
OF
COMPUTED RADIOGRAPHY EQUIPMENT FACTORIES IN PEISSENBERG AND
PEITING (GERMANY)
    * THESE PLANS AIM TO IMPROVE AGFA’S COMPETITIVENESS IN
DECLINING
COMPUTED RADIOGRAPHY MARKET
    * FACES A SIGNIFICANT DECLINE IN DEMAND IN A DECREASING AND
PRICE
SENSITIVE CR MARKET
    * CONSIDERS TO INCREASE COMPONENT SOURCING IN ASIA, MOVE
ASSEMBLING ACTIVITIES TO ITS WUXI PLANT IN CHINA, REORGANIZE
PRODUCTION ACTIVITIES IN PEISSENBERG AND CLOSE DOWN THE SITE IN
PEITING BY THE END OF 2022
    * THIS WOULD IMPACT A SIGNIFICANT NUMBER OF JOBS AT BOTH
SITES
    * CONSIDERS TO CONSOLIDATE ALL SPARE PARTS LOGISTIC
ACTIVITIES IN
ONE CENTRAL WAREHOUSE
  

 Source text: https://bit.ly/3l3ANCZ
    
 Further company coverage: AGFB.BR  
   


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