Unit To Reduce Operations, Reduce Number Of Employees

Eqva ASA

05/11/2020 11:48

Nov 5 (Reuters) - Havyard Group ASA  HYARD.OL :
    * DOWNSIZING AT THE SHIPARD
    * SUBSIDIARY NEW HAVYARD SHIP TECHNOLOGY AS WILL REDUCE ITS
OPERATIONS INTO A REPAIR AND SERVICE YARD AND REDUCE NUMBER OF
EMPLOYEES
    * THIS IS DUE TO PREVAILING MARKET CONDITIONS FOR
NEWBUILDINGS AND
THAT OPPORTUNITIES FOR CONSTRUCTION FINANCING WILL BE
CHALLENGING IN TIME AHEAD.

Source text for Eikon:  ID:nObik8hBYa 
Further company coverage:  HYARD.OL 

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