Brief: Mikron To Restructure Mikron Berlin Under Its Own Management

Mikron Holding AG

17/08/2020 06:06

Aug 17 (Reuters) - MIKRON HOLDING AG  MIKN.S :
    * DECIDES TO RESTRUCTURE MIKRON BERLIN UNDER ITS OWN
MANAGEMENT
    * WILL RESTRUCTURE BERLIN SITE UNDER ITS OWN MANAGEMENT AND
CONTINUE TO OPERATE KAUNAS.
    * BOTH SITES WITH A TOTAL OF AROUND 70 EMPLOYEES WORK
EXCLUSIVELY
FOR AUTOMOTIVE INDUSTRY.
    * CONTINUES TO EXPECT AN EBIT LOSS FOR SECOND HALF OF 2020
ON A
PAR WITH FIRST HALF (BEFORE RESTRUCTURING COSTS).

Source text for Eikon:  ID:nTENgb1x2a 
Further company coverage:  MIKN.S 

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