Brief: Saga Furs Closes Two Foreign Subsidiaries
Aug 23 (Reuters) - Saga Furs Oyj SAGCV.HE :
* CLOSES TWO FOREIGN SUBSIDIARIES
* THE SUBSIDIARIES SAGA FURS A/S IN DENMARK AND SAGA FURS
HOLLAND
BV IN THE NETHERLANDS, WHICH ARE MAINLY INVOLVED IN FUR
COLLECTION, WILL BE CLOSED AT THE BEGINNING OF 2025
* WITH THESE MEASURES, CO WILL REDUCE ITS COST LEVEL BY
AROUND
10%, OR EUR 4 MILLION
Source text for Eikon: ID:nWkr5y3G4q
Further company coverage: SAGCV.HE
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com;))