Market announcement
Nordic Fibreboard AS
LEI code
54930002HOIXBD15OM06
Size of the entity
Small group
Economic activities
Financial and Insurance Activities
Country of registered office
Estonia
General information
Categories
Other price sensitive information
Unique data record identifier
5882
Submission date and time
13.01.2017 09:45:00
Content of announcement in Estonian
Title
SKANO LÕPETAB TEGEVUSE UKRAINAS
Message
Skano Group AS on otsustanud lõpetada oma tegevuse Ukrainas. Skano uus juhatus on vaatamas läbi Skano äritegevust, et leida võimalusi parandada Skano Group AS’i majandustulemusi. Ebakindlast poliitilisest ja majanduslikust olukorrast tulenev ebasoodne ärikeskkond on viimastel aastatel põhjustanud Skanole kahjumliku majandustegevuse Ukrainas. Tegevuse lõpetamine Ukrainas algab koheselt ning peaks olema lõpule viidud käesoleva aasta märtsis. Torfinn Losvik Juhatuse esimees Telefon: + 372 56 99 09 88 E-post: [email protected]
Content of announcement in English
Title
SKANO TO CLOSE ITS UKRAINIAN OPERATIONS
Message
Skano Group AS has decided to end its activities in Ukraine. Skano Group, under its new management board, is currently reviewing all of Skano’s activities in its quest to improve Skano Group’s financial performance. The poor trading conditions in Ukraine, being heavily influenced by the uncertain political and economic environment in Ukraine, has resulted in Skano having incurred losses in Ukraine during the last few years. The closing process will commence immediately and should be completed in March this year. Torfinn Losvik Chairman of the Management Board Phone: + 372 56 99 09 88 E-mail: [email protected]