European Coatings Journal - 15.03.2018 | Damir Gagro | TOP INDUS TRY MOVE

DOWNSIZING FOR GROWTH

By Damir Gagro. As part of the program, the Finish paint and coatings producer announced the divestment of its unprofitable business operations in the Balkan area. The company is preparing further actions to optimise its future production and logistics network in all its operating countries. "Based on this we have, for instance, decided to close down the production facilities in southwestern Russia and in Germany by the end of 2018. In addition, we have changed our organisation model. As a result, decision-making and business development are now handled more at the group level", said Jukka Havia, Interim President ...
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