Germany: M-Real postpones decision on Zanders (Financial Times Deutschland)
The supervisory board of M-Real postponed a decision on the future of loss-making German subsidiary Zanders. German works council said M-Real is unprofessional, when it comes to finding an investor for the unit.
The works councils wants the company to be sold completely or as a kind of paper park, where different investors operate different units at one place.
M-Real is also considering to close down Zanders with the exception of the Chromolux unit, which produces labels and luxury packaging.
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RépondreSupprimerGermany: M-Real postpones decision on Zanders
(Financial Times Deutschland)
The supervisory board of M-Real postponed a decision on the future of loss-making German subsidiary Zanders. German works council said M-Real is unprofessional, when it comes to finding an investor for the unit.
The works councils wants the company to be sold completely or as a kind of paper park, where different investors operate different units at one place.
M-Real is also considering to close down Zanders with the exception of the Chromolux unit, which produces labels and luxury packaging.