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ARCLK.E — Arcelik News Story

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Brief: Arcelik Says It Initiates Consultations For Closure Of The Dryer Factory In The UK Due To Its Inefficiency

July 5 (Reuters) - ARCELIK AS  ARCLK.IS :
    * ARCELIK SAYS IT INITIATES CONSULTATIONS FOR CLOSURE OF THE
DRYER
FACTORY IN THE UK, A FACILITY PREVIOUSLY UNDER WHIRLPOOL EUROPE,
DUE TO ITS INEFFICIENCY
    * ARCELIK SAYS ACCORDING TO RELEVANT COUNTRY REGULATIONS,
THIS
CLOSURE MARKS THE MANDATORY INITIAL PHASE, AND IT IS AIMED TO BE
COMPLETED BY THE END OF THE YEAR
    * ARCELIK SAYS IT EXPECTS THE CLOSURE OF THIS FACILITY WOULD
NOT
LEAD TO A CONSOLIDATED LEVEL REVENUE LOSS

Source text for Eikon:  ID:nIKA2YCLvf 
Further company coverage:  ARCLK.IS 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00))

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