Brief: Ebusco To Lease Production Facility in France

Ebusco Holding

22/07/2022 06:34

July 22 (Reuters) - Ebusco Holding NV  EBUS.AS :
    * SIGNS LETTER OF INTENT TO LEASE PRODUCTION FACILITY IN
METROPOLE
ROUEN
    * SIGNED A LETTER OF INTENT TO LEASE 21,000M2 IN METROPOLE
ROUEN
TO FACILITATE ITS FUTURE GROWTH AMBITIONS IN FRANCE AND
SOUTHWEST EUROPE
    * NEW EBUSCO FACTORY IS EXPECTED TO BE FULLY OPERATIONAL BY
END OF
2023
    * FACTORY WILL HAVE AN INITIAL CAPACITY OF 500 BUSES PER
YEAR WITH
OPTION TO EXPAND CAPACITY IN LATER YEARS
    * INITIAL INVESTMENT TO EQUIP FACILITY AND CONVERT IT TO
EBUSCO
STANDARDS IS EXPECTED TO BE EUR 10M

Source text: https://bit.ly/3okb2BV
Further company coverage:  EBUS.AS 

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