Brief: Mayr-Melnhof Karton Says Not Possible To Continue Production At Hirschwang Site

Mayr-Melnhof Karton AG

07/09/2020 09:58

Sept 7 (Reuters) - Mayr Melnhof Karton AG  MMKV.VI :
    * REALIGNMENT OF CARTONBOARD AND FOLDING CARTON PRODUCTION
AT THE
HIRSCHWANG SITE
    * RESULT OF CARTONBOARD DIVISION IS EXPECTED TO BE IMPACTED
BY A
EUR 25 MILLION CHARGE OF WHICH MAJOR PART IS ATTRIBUTABLE TO
WRITE-OFFS.
    * THIS WILL AFFECT 150 EMPLOYEES, AND TALKS HAVE ALREADY
STARTED
ON A SOCIAL PLAN.
    * HIRSCHWANG SITE SHALL IN FUTURE CONCENTRATE ON EXISTING
FOLDING
CARTON PRODUCTION (NEUPACK) WITH 215 EMPLOYEES

Source text for Eikon:  ID:nEQ45QzTBa 
Further company coverage:  MMKV.VI 

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