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Provider: Reuters Investment Profile

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Agfa Gevaert NV Plans to Close Down Analogue Printing Plate Factory in Manerbio, Italy; To Cut 123 Jobs

Tuesday, 9 Jul 2013 11:00am EDT 

Agfa Gevaert NV announced that it plans to close down its printing plate factory in Manerbio, Italy. The Manerbio plant produces analogue offset plates and negative CtCP plates, both product lines for which market demand is in decline. The Company has now informed Manerbio's employees as well as the trade unions that it intends to close down the factory impacting 123 employee positions. A redundancy plan will be developed for the employees that currently work in Manerbio. 

Company Quote

-0.0090 -0.43%
23 Sep 2014