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Helios Denies Negative Reports, Announces Action Against Workers' Rep

Domžale, 26 June - The management of the recently privatised coatings maker Helios rejected on Thursday claims that Austria's Ring International had saddled Helios with additional debt to finance its takeover and that it was planning further layoffs. The only thing planned is a 3.25% pay cut, the management said.

Domžale
Ring International CEO Gerald Martens talking to the press.
Photo: Daniel Novakovič/STA

Domžale
Ring International CEO Gerald Martens talking to the press.
Photo: Daniel Novakovič/STA

Domžale
Ring International CEO Gerald Martens talking to the press.
Photo: Daniel Novakovič/STA

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