Brief: Cefour: transfers production from Åhus to Götene, to cut jobs

Umida AB (publ)

22/02/2017 08:07

Feb 22 (Reuters) - Cefour Wine & Beverage Partihandel AB (publ)  CEFOb.ST : 
    * Said on Tuesday, decided to implement a program to improve production efficiency and 
reduce costs 
    * As first step, plant in Åhus will be closed as of July 1, 2017 and all production will be 
moved to plant in Götene 
    * Estimates the annual cost savings of about 4 million Swedish crowns ($445,538) with full 
effect from 2018 
    * Reduction of staff in Åhus is the consequence is communicated and union negotiations are 
underway 
 
     
 Source text: http://bit.ly/2kHVNUO 
     
 Further company coverage:  CEFOb.ST   
    
 
 
 
($1 = 8.9779 Swedish crowns) 
 
 (Gdynia Newsroom) 
 ((Gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))