Brief: MS Industrie Announces Changes At Zittau Site

MS Industrie AG

17/11/2020 08:15

Nov 17 (Reuters) - MS INDUSTRIE AG  MSAG.DE :
    * CHANGES AT THE ZITTAU SITE
    * MS POWERTRAIN TECHNOLOGIE DECIDED TO SHUT DOWN PRODUCTION
AT THE
SUBSIDIARY MS POWERTEC GMBH IN ZITTAU. THIS MEASURE AFFECTS
AROUND 60 JOBS AT THE ZITTAU LOCATION.
    * MS ULTRASONIC TECHNOLOGY SEGMENT IS NOT AFFECTED BY THE
AFOREMENTIONED CAPACITY ADJUSTMENT
    * COMPANY PROPERTY OWNED BY MS POWERTEC GMBH IN ZITTAU IS TO
BE
OFFERED TO THIRD PARTIES FOR INDUSTRIAL USE FROM NEXT YEAR

Source text for Eikon:  ID:nPex1w6tqa 
Further company coverage:  MSAG.DE 

 (Gdansk Newsroom)
 ((Gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))