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Provider: Reuters Investment Profile
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Adveo Group International SA's reorganization process to affect 274 jobs


Thursday, 16 Jan 2014 12:23pm EST 

Adveo Group International SA:Says in accordance with the commitments made in the Strategic Plan for the period 2013-2015, the company has agreed on the transformation process whose main purpose is the simplification of the economic activity, adjusting its new business mode.Says in 2013 the company proceeded with the integration of the distribution business of the company in a single legal and organizational structure in Spain and the rest of the countries where the group is present.Says the process is expected to be completed in the first half of 2014.Says, as a result of the above, the reorganization may affect a total of 274 jobs across the group (160 in Spain) during fiscal years 2014 and 2015. 

Company Quote

10.93
-0.12 -1.09%
19 Dec 2014