UPFRONT

Gretag Imaging Faces Problems

REGENSDORF, SWITZERLAND—The board of directors and the executive committee of Gretag Imaging Holding AG have found, during in-depth analysis and preparation for the planned restructuring of the Gretag Imaging Group, that the over-indebtedness after implementation was inevitable. As a consequence, the board of Gretag Imaging Holding AG has decided that it is no longer possible to justify continuing business as a group of companies. A solution is being sought to save those parts within the company, in particular Gretag Imaging AG, which could continue to operate.