Brief: Akwel Suspends Or Reduces Activities On Some Of Its Sites

Akwel SA

19/03/2020 17:06

March 19 (Reuters) - AKWEL SA  AKW.PA :
    * ACTIVITIES OF SOME TWENTY SITES IN EUROPE, MOROCCO,
TUNISIA AND
TURKEY WILL BE GRADUALLY SUSPENDED OR SIGNIFICANTLY REDUCED
    * SIMILAR MEASURES WILL QUICKLY BE TAKEN IN AMERICA IN
RESPONSE TO
RECENT ANNOUNCEMENTS MADE BY OUR MANUFACTURER CUSTOMERS IN THIS
REGION.
    * ON CORONAVIRUS: ACTIVITIES OF SOME TWENTY SITES IN EUROPE,
MOROCCO, TUNISIA AND TURKEY WILL BE GRADUALLY SUSPENDED OR
SIGNIFICANTLY REDUCED
    * ON CORONAVIRUS: THESE REDUCTIONS IN ACTIVITY OR SHUTDOWNS
WILL
BE IMPLEMENTED BY END OF WEEK, IN MOST CASES ON A ROLLING
TWO-WEEK TIMETABLE
    * ON CORONAVIRUS: EACH SITE WILL ADAPT ITS ESSENTIAL
EMPLOYEE
PROTECTION MEASURES TO ITS COUNTRY OF LOCATION AND ITS SPECIFIC
CHARACTERISTICS
    * IN EVENT OF STOCK SHORTAGES, SOME FACTORIES WILL CONTINUE
THEIR
PRODUCTION ACTIVITIES WITH SMALLER TEAMS IN ORDER TO MAKE
DELIVERIES
    * ON CORONAVIRUS: LOGISTICS TEAMS WILL MAKE DELIVERIES TO
CUSTOMERS BASED ON THEIR SUPPLY NEEDS
    * ON CORONAVIRUS: IN EVENT OF STOCK SHORTAGES, SOME
FACTORIES WILL
CONTINUE THEIR PRODUCTION ACTIVITIES WITH SMALLER TEAMS IN ORDER
TO MAKE DELIVERIES
    * ON CORONAVIRUS: THE GROUP'S THREE SITES IN CHINA HAVE
REOPENED
AND ARE ORGANISING A RETURN TO NORMAL PRODUCTION AROUND TIME
EMPLOYEES NEED TO SPEND IN ISOLATION

Source text for Eikon:  ID:nGNE28stBP 
Further company coverage:  AKW.PA 

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