March 29, 2019 / 6:15 AM / 6 months ago

BRIEF-VAT Group Continues Short Time Work For Production Employees In Haag

March 29 (Reuters) - VAT Group AG:

* CONTINUES SHORT TIME WORK FOR ITS PRODUCTION EMPLOYEES IN HAAG

* IS LOOKING TO STOP SHORT TIME WORK AS SOON AS POSSIBLE, ONCE MARKET CONDITIONS ALLOW

* PERSISTENT SOFT MARKET CONDITIONS AND LIMITED VISIBILITY ABOUT FUTURE DEVELOPMENT, ESPECIALLY IN SEMICONDUCTOR EQUIPMENT

* CURRENT SHORT TIME WORK SCHEME FOR ABOUT 400 PRODUCTION EMPLOYEES AT VAT VAKUUMVENTILE AG FOR ANOTHER THREE MONTHS Source text - bit.ly/2THOxF0 Further company coverage: (Gdynia Newsroom)

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