Nolato
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MAR
Nolato’s Integrated Solutions business area concentrates its Chinese operations; roughly SEK 60 million in non-recurring costs will be charged to the third quarter
Nolato has taken the decision to concentrate its Integrated Solutions operations in China, which, among other things, will result in the number of personnel at its Beijing plant being reduced by around 500. At the same time, Nolato will expand at its Dongguan facility in southern China. This decision will mean that the third quarter will be impacted by roughly SEK 60 million in non-recurring costs.
It will also mean that Nolato’s VHP-related sales will account for less than 5% of total Group sales going forward.
| Datum | 2023-08-24, kl 08:13 |
| Källa | MFN |