Dec 17 (Reuters) - Granges AB GRANG.ST :
* GRÄNGES STRENGTHENS EUROPEAN TEAM AND SIMPLIFIES
ORGANIZATION
* CHANGES WILL LEAD TO RESTRUCTURING COSTS OF SEK 200
MILLION IN
Q4
* CHANGES WILL GENERATE ANNUAL COST SAVINGS OF SEK 40
MILLION
EFFECTIVE JANUARY 2022
* CORPORATE FUNCTIONS FOR INNOVATION, IT/DIGITALIZATION,
HUMAN
RESOURCES, PROCESS ENGINEERING & OPERATIONAL DEVELOPMENT, AND
LEGAL ARE INTEGRATED INTO GRÄNGES EUROPE EFFECTIVE 17 DECEMBER
2021
Source text for Eikon: ID:nMFNbqvPZQ
Further company coverage: GRANG.ST
(Gdansk Newsroom)
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