Brief: Piippo Considers Reducing Production And Laying Off Staff For Up To 90 Days

Piippo Oyj

05/09/2018 14:04

Sept 5 (Reuters) - PIIPPO OYJ  PIIPPO.HE :
    * SAID ON WEDNESDAY WILL START CO-OPERATION NEGOTIATIONS
REGARDING
POSSIBLE TEMPORARY REDUCTION OF PRODUCTION
    * DELIVERIES OF THE BALING PRODUCTS MADE BY THE COMPANY HAVE
BEEN
IMPACTED NEGATIVELY BY THE SERIOUS GLOBAL DROUGHT IN AGRICULTURE
    * THE COMPANY CONSIDERS REDUCING PRODUCTION AND LAYING OFF
STAFF
FOR UP TO 90 DAYS

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nGNE9ST705
    
 Further company coverage:  PIIPPO.HE  
   


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