Brief: Robit Reorganizes Halco Business In US, Production In Sherman Ends
05/03/2019 06:37
March 5 (Reuters) - Robit Plc ROBIT.HE :
* ROBIT RE-ORGANIZES HALCO BUSINESS IN USA
* TO CENTRALIZE MANUFACTURING OF DTH BITS FROM ROBIT SHERMAN FACTORY, USA TO OTHER
MANUFACTURING
UNITS OF CO AND PRODUCTION IN SHERMAN ENDS
* THIS RE-ORGANIZING REDUCES FOUR PERSONS FROM PRODUCTION OF SHERMAN UNIT
* ARRANGEMENT HAS NO IMPACT ON ROBIT'S GUIDANCE FOR 2019.
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