Brief: Fabryki Mebli Forte To Suspend Investment In New Furniture Factory
25/11/2019 15:28
Nov 25 (Reuters) - Fabryki Mebli Forte SA FTEP.WA :
* RESOLVES TO SUSPEND INVESTMENT IN NEW FURNITURE FACTORY IN
SUWAŁKI
* SAYS FOR NOW WILL NOT CONTINUE TALKS WITH GRUPA HOMAG ON
DEAL
REGARDING DESIGN, PRODUCTION AND DELIVERY OF PRODUCTION LINE
EQUIPMENT
* SAYS REASON FOR SAID DECISION IS UNCERTAINTY REGARDING
MACROECONOMIC SITUATION IN EUROPE AND INCREASING COSTS OF CO'S
ACTIVITY
Source text for Eikon: ID:nEM4PwkJ9a
Further company coverage: FTEP.WA
(Gdansk Newsroom)
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