euro adhoc: Winkler + Dünnebier AG
W+D applies to close Spanish
factory (E)
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
Neuwied, September 17, 2003: As already announced in the press release dated August 26, 2003, Winkler+Dünnebier AG has been reviewing the capacities and structures of its sites outside Germany. Due to the low degree of utilization at present, and the ongoing unsatisfactory order situation, the Managing Board has submitted an application to the local authorities in San Sebastian to close the companys Spanish factory in Anoeta, thus making all 85 employees redundant. Along with the adjustments already implemented at Neuwied (Germany) and Overland Park (USA), this measure is intended to secure the future of the group.
end of announcement euro adhoc 17.09.2003
Further inquiry note:
Tobias M. Weitzel
Investor Relations Manager
Tel.: +49(0)2631-84617
E-Mail: ir@w-d.de
Branche: Machine Manufacturing
ISIN: DE0007790008
WKN: 779000
Index: CDAX, Midcap Market Index, Prime All Share, Prime Standard, Technologie All Share
Börsen: Börse Düsseldorf / official dealing
Frankfurter Wertpapierbörse / official dealing
Berliner Wertpapierbörse / free trade
Bayerische Börse / free trade
Hamburger Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade