Site Search

DEUTSCH All Languages

Companies in the News

Glaston's Glass Processing Unit Closes Down Its Working Machine And Special Automotive Glass Business

Glaston Oyj Abp As part of its recovery programme, Glaston Corporation's subsidiary Tamglass Glass Processing is restructuring its activities. A proposal for the ensuing co-operation negotiations has been issued today. For productional and financial reasons, Tamglass Glass Processing will close its working machine and special automotive glass business. The company will enhance its architectural glass business, which will become a stronger priority in the future. The business facing closure currently employs approximately thirty (30) staff.

In its strategy, Glaston has designated Tamglass Glass Processing as being outside its core business, and strategic options for its future remain under review in Glaston.

For further information, please contact: Glaston Corporation, Mika Seitovirta, CEO & President Tel. +358 (0)10 500 500

Tamglass Glass Processing, Timo Rautarinta, Managing Director Tel. +358 (0)10 500 510

Submitted by: Glaston Corporation Agneta Selroos Corporate Communications and IR Manager Tel. +358 (0)10 500 6105

Glaston Corporation

Glaston Corporation is a growing,global glass technology group. As the leading supplier of glass processing machines in the world and a One-Stop-Partner for glass processors, its product range and service network are the most extensive in the industry. Glaston's well-known brands are Bavelloni in pre-processing machines and tools, Tamglass and Uniglass in safety glass machines, and Albat+Wirsam in software solutions.

Glaston's own glass processing unit, Tamglass Glass Processing, is a manufacturer of high quality safety glass products, and operates in Finland.

Glaston's share (GLA1V) is listed on the OMX Nordic Exchange Helsinki Mid Cap List. www.glaston.net

Glaston Oyj Abp

http://www.glaston.net

ISIN: FI0009010219

Stock Identifier: XHEL.GLA1V

Verbundene Unternehmen

Glaston Oyj Abp

ABN Newswire Diese Seite wurde besucht: (letzten 7 Tagen: 1) (letzten 30 Tagen: 2) (seit Veröffentlichung: 323)