ROY CERAMICS SE (FRA:DE000RYS) ROY Asset Holding SE: Klingenberg Dekoramik GmbH discontinues the ceramic tile production in Klingenberg
Transparency directive : regulatory news
07/02/2022 16:45
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DGAP-Ad-hoc: ROY Asset Holding SE / Key word(s): Miscellaneous
ROY Asset Holding AG hereby announces that its subsidiary, Klingenberg Dekoramik GmbH, will discontinue the production of ceramic tiles in Klingenberg this year. The management of Klingenberg has decided to take this step because, after intensive examination, it no longer sees any prospects for the economically successful operation of the production site in Klingenberg. Production had already been suspended for several months due to the Corona crisis and the employees of Klingenberg Dekoramik GmbH had been on short-time working since March 2020. Against this background, the management has come to the conclusion after examination that a restart of production is not promising.
Today, the management of Klingenberg Dekoramik GmbH will start negotiations with the employees' representatives on a social plan and reconciliation of interests. Surasak Lelalertsuphakun Managing Director (CEO)
07-Feb-2022 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | ROY Asset Holding SE |
| Alexander-Wiegand-Str. 8 | |
| 63911 Klingenberg am Main | |
| Germany | |
| Phone: | 09372-131 227 |
| Fax: | 09372-131 220 |
| E-mail: | info@royasset.de |
| Internet: | www.royasset.de |
| ISIN: | DE000RYSE888 |
| WKN: | RYSE88 |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Stuttgart; Vienna Stock Exchange (Third Market (MTF)) |
| EQS News ID: | 1277546 |
| End of Announcement | DGAP News Service |
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1277546 07-Feb-2022 CET/CEST
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