NOTE continues to streamline its operations

NOTE is rationalising its operations according to plan, and existing customers are being relocated from Borås to other plants in the NOTE group. The costs of decommissioning the plant and relocation are covered continuously during the decommissioning period and do not entail any new costs.

NOTE is increasing production of microwave technology in Lund, and other production is being transferred to NOTE's plants in Skänninge and Torsby. Accordingly, operations in Borås are being closed, affecting the remaining 35 employees.

”We are constantly working aggressively to streamline operations within the Group and thereby improve our profitability. We do this by optimising capacity utilisation in our plants. We are taking this action to secure long-term and stable profitability,” says NOTE's CEO, Arne Forslund.

For further information, please contact:

Arne Forslund, CEO of NOTE AB, telephone +46 705 - 477 477
Annica Segerström, Head of Human Resources, NOTE AB, telephone +46 708-75 71 60
Marina Filipsson, IR/Information Manager NOTE AB, telephone 0709 - 50 80 72

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