Brief: Groupe Pizzorno To End Its Collection And Cleaning Contract In Marrakesh

Groupe Pizzorno Environnement SA

25/08/2020 06:57

Aug 25 (Reuters) - GROUPE PIZZORNO ENVIRONNEMENT SA
 GPEP.PA :
    * ANNOUNCED ON MONDAY IT IS NOT A CANDIDATE FOR RENEWAL OF
COLLECTION AND CLEANING CONTRACT IN MARRAKESH (MEDINA AND SIDI
YOUSEF BEN ALI) WHICH IT HAS BEEN AWARDED SINCE 2007 THROUGH ITS
LOCAL SUBSIDIARY TÉOMARA
    * IN VIEW OF NEW PROVISIONS OF MARRAKESH MARKET AND
FINANCIAL
SITUATION OF ITS MOROCCAN SUBSIDIARIES, IT WAS DECIDED TO
SUSPEND THE GROUP'S DEVELOPMENT IN MOROCCO
    * WILL CONTINUE ITS MISSIONS IN MARRAKESH AND WILL RESPECT
ALL
MARKET COMMITMENTS UNTIL ITS EXPIRATION
    * WILL CONTINUE TO OPERATE IN MOROCCO UNDER AL HOCEIMA
HOUSEHOLD
WASTE COLLECTION, CLEANING AND TREATMENT CONTRACT AND MOULAY
ABDELLAH HOUSEHOLD WASTE TREATMENT CONTRACT

    
    
 Source text for Eikon:  ID:nACT64772 
    
 Further company coverage:  GPEP.PA  
   


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