Brief: Novem Group SA: Board Has Decided To Close Production In Bergam

Novem SA

14/09/2023 08:17

Sept 14 (Reuters) - Novem Group SA  NVM.DE :
    * MANAGEMENT BOARD OF NOVEM GROUP S.A. HAS DECIDED TO
STREAMLINE
MANUFACTURING FOOTPRINT AND CLOSE PRODUCTION IN BERGAM
    * LOCAL PRESENCE IN ITALY WILL REMAIN AND CONTINUE OPERATING
IN
PRESENT FORM
    * NOVEM INTENDS TO RELOCATE CURRENT PLATFORMS TO OTHER
EUROPEAN
LOCATIONS WITHIN FIRST HALF OF 2024
    * ENDEAVOURS SOCIALLY ACCEPTABLE SOLUTIONS FOR EMPLOYEES,
WHILE
FURTHER IMPROVING SERVICE QUALITY TOWARDS ITS CUSTOMERS IN ITALY

Source text for Eikon:  ID:nEQ6fXfpFa 
Further company coverage:  NVM.DE 

 (Reporting by Berlin Newsroom)
 ((berlin.newsroom@thomsonreuters.com;))