March 23, 2020 / 8:53 AM / 17 days ago

BRIEF-PEN Concept Group Applies For Company Reconstruction

March 23 (Reuters) - PEN Concept Group AB:

* APPLIES FOR COMPANY RECONSTRUCTION

* DECISION IS BASED ON FUTURE LIQUIDITY SHORTAGES DUE TO EFFECTS OF COVID-19’S IMPACT ON OPERATIONS

* ORDER INTAKE IS SIGNIFICANTLY LOWER AND MANY ONGOING PROJECTS WERE POSTPONED Source text for Eikon: Further company coverage: (Gdansk Newsroom)

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