Prevent Supervisors Give Green Light to Restructuring Plan

Slovenj Gradec, 20 January - The supervisors of car seat cover maker Prevent Global supported on Wednesday the management's plan for restructuring the company, which envisages transforming the parent company into a holding, reprogramming some EUR 55m worth of loans and divestments. The plan also includes cutting 350 to 400 jobs.

The rest of this news item is available to subscribers.
The news item consists of 1.556 characters (without spaces) or 314 words words.

Buy the news item. Price: 2 tokens; on account: 0 tokens.

sz/mab
© STA, 2010