Brief: Gränges Undertakes Reorganization

Granges AB

10/10/2019 13:23

Oct 10 (Reuters) - Granges AB  GRANG.ST :
    * GRÄNGES IMPROVES EFFICIENCY IN THE EUROPEAN OPERATIONS
    * AS A PART OF REORGANIZATION, REDUCTIONS WILL BE MADE THAT
WILL
AFFECT UP TO 22 POSITIONS WITHIN WHITE-COLLAR ORGANIZATION IN
SWEDEN.
    * PLANNED MEASURES ARE EXPECTED TO ENTAIL COSTS TOTALLING
APPROXIMATELY SEK 15 MILLION DURING Q4 OF 2019
    * PLANNED MEASURES ARE EXPECTED TO ENTAIL COSTS TOTALLING
APPROXIMATELY SEK 15 MILLION DURING Q4 OF 2019.
    * NEGOTIATIONS WITH UNION REPRESENTATIVES HAVE BEGUN AND
BEFORE
END OF NOVEMBER 2019 ALL EMPLOYEES AFFECTED ARE ESTIMATED TO
HAVE BEEN INFORMED.

Source text for Eikon:  ID:nWkrc4j6bV 
Further company coverage:  GRANG.ST 

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