Brief: Faes Farma Plans Investment In A New Production Plant In Basque Country For About 150 Mln Euros

Faes Farma SA

15/01/2021 07:27

Jan 15 (Reuters) - Faes Farma SA  FAE.MC :
    * PLANS INVESTMENT IN A NEW PRODUCTION PLANT IN THE BASQUE COUNTRY FOR ABOUT 150 MILLION
EUROS
    * INVESTMENT WILL BE EXECUTED IN 2021-2024 AND WILL BE FINANCED WITH ITS OWN RESOURCES AND
EXTERNAL FINANCING
    * INVESTMENT WILL ALLOW TO TRIPLE CURRENT CAPACITY, AN INCREASE NECESSARY TO MEET DEMAND
EXPECTED
OF THE NEXT FEW YEARS

Source text for Eikon:  ID:nCNM5GfmGv 
Further company coverage:  FAE.MC 

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