Brief: Groclin Suspends Cooperation With Its Strategic Partners Amid Coronavirus

Less SA

24/03/2020 14:10

March 24 (Reuters) - Groclin SA  GCN.WA :
    * ON CORONAVIRUS: SAYS COOPERATION WITH CO'S STRATEGIC
PARTNERS
SUSPENDED
    * AT PRESENT CO'S SITUATION IS STABLE
    * CONTINUES ITS PRODUCTION IN PLANT IN UKRAINE IN LIMITED
SCALE
    * PRESENT SITUATION ON TERRITORY OF EU AND ITS DIRECT
NEGATIVE
EFFECTS FOR WHOLE AUTOMOTIVE SECTOR, WILL ALSO HAVE DIRECT,
SIGNIFICANT, NEGATIVE IMPACT ON GROUP'S ACTIVITY

Source text for Eikon:  ID:nEM4rjF8Ba 
Further company coverage:  GCN.WA 

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