Oct 19 (Reuters) - Efore Plc :
* Intends to initiate cost savings program immediately
* Is targeting up to 7 million euros ($7.7 million) annual savings in fixed costs.
* Implementation period for program is estimated to continue at end of 2016
* Substantial one-time costs related to actions from planned cost savings program and outsourcing of production are estimated to be about 5 million-6 million euros Source text for Eikon:
Further company coverage: ($1 = 0.9107 euros) (Gdynia Newsroom)