Brief: Gränges Improves Efficiency And Adapts European Operations

Granges AB

26/08/2020 08:06

Aug 26 (Reuters) - Granges AB  GRANG.ST :
    * GRÄNGES IMPROVES EFFICIENCY AND ADAPTS EUROPEAN OPERATIONS
    * A DECISION HAS BEEN MADE ON ORGANIZATIONAL CHANGES IN
SWEDISH
OPERATIONS
    * AS A PART OF REORGANIZATION, REDUCTIONS WILL BE MADE
    * GRÄNGES EUROPE HAS TODAY ANNOUNCED NOTICES OF REDUNDANCY
IN
OPERATIONS IN FINSPÅNG AFFECTING 75 POSITIONS IN TOTAL.
    * DECIDED MEASURES ARE EXPECTED TO ENTAIL COSTS TOTALLING
SEK 25
MILLION IN Q3 2020
    * AS A PART OF REORGANIZATION, A NOTICE OF REDUNDANCY HAS
BEEN
ANNOUNCED THAT WILL AFFECT 75 POSITIONS IN TOTAL
    * DECIDED MEASURES ARE EXPECTED TO ENTAIL COSTS TOTALLING
SEK 25
MILLION IN Q3 2020.
    * NEGOTIATIONS WITH UNION REPRESENTATIVES HAVE BEGUN AND
BEFORE
END OF DECEMBER 2020 ALL EMPLOYEES AFFECTED ARE ESTIMATED TO
HAVE BEEN INFORMED

Source text for Eikon:  ID:nWkrb2Xc34 
Further company coverage:  GRANG.ST 

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