Administrator Says manroland Decision Is Imminent

“I am working under the assumption that we will be able to reach an agreement with the creditors’ representatives and the banks providing collateral on Wednesday afternoon,” Schneider added.

The last details of the contract could then be worked out with the buyer or buyers. In this context, the final numbers regarding the required downsizing would also be determined with the workers’ representatives—negotiations have not yet been finalized in this area. Schneider emphasized, however, that he is making it a priority to preserve as many jobs as possible.

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