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PGN paragon GmbH & Co KgaA News Story

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Brief: Paragon has completed planning for its Chinese operation

April 22 (Reuters) - Paragon AG  PGNG.DE : 
    * Sales subsidiary already in Shanghai since 2012 will be 
expanded into manufacturing operation and will move in coming 
months into new premises offering ideal conditions in kunshan 
not far from Shanghai 
    * Production is scheduled to begin in fall of 2015 
    * Joint venture originally planned will not be implemented 
 
Source text for Eikon:  ID:nEQ8fTbjra  
Further company coverage:  PGNG.DE  
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 698 39 20;))

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