Brief: Elumeo Decided To Outsource Its Remaining Production To Two Smaller Sites

Elumeo SE

09/11/2018 13:53

Nov 9 (Reuters) - ELUMEO SE  ELBG.DE :
    * DECIDED TO OUTSOURCE ITS REMAINING PRODUCTION TO TWO
SMALLER
SITES THAT WILL BE OPERATED IN CLOSE COOPERATION WITH LOCAL
PARTNERS
    * MANAGEMENT OF FORMER PRODUCTION CO WILL BE REQUESTED TO
COMMENCE
A SOLVENT LIQUIDATION OF COMPANY, UTILISING EXISTING ASSETS
    * ALL OUTSTANDING FORECASTS FOR Q4 AND TOTAL YEAR 2018 ARE
HEREBY
REVOKED

Source text for Eikon:  ID:nEQ9QKnRda 
Further company coverage:  ELBG.DE 

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