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La Seda de Barcelona SA Initiates Process Of Dissolution Of Its Subsidiary Artenius Hellas SA


Tuesday, 28 May 2013 09:38am EDT 

La Seda de Barcelona SA announced that it has registered an agreement in the Commercial Register of Athens to initiate the process of Artenius Hellas SA’s (the Company’s subsidiary) dissolution, due to lack of profitability of the production unit in Greece. As part of the initial liquidation proceedings, an agreement has been reached with all the employees of Artenius Hellas SA for the extinction of the respective labor relations. 

Company Quote

0.729
0.049 +7.21%
17 Jun 2013