October 10, 2018 / 5:09 AM / 13 days ago

BRIEF-VAT Group To Shorten Hours For 400 Production Workers In Haag

Oct 10 (Reuters) - VAT Group AG:

* ANNOUNCES SHORT TIME WORK FOR ITS PRODUCTION EMPLOYEES IN HAAG

* WILL INTRODUCE A SHORT TIME WORK SCHEME FOR ABOUT 400 PRODUCTION EMPLOYEES AT VAT VAKUUMVENTILE AG

* MOVE REFLECTS THE PREVIOUSLY-ANNOUNCED SOFTENING OF CERTAIN MARKETS, ESPECIALLY IN SEMICONDUCTOR EQUIPMENT

* SHORT-TIME WORK PROGRAM TO BEGIN ON OCTOBER 15, 2018 AND WILL BE LIMITED IN AN INITIAL PHASE UNTIL DECEMBER 31, 2018 Further company coverage:

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