{"id":686,"date":"2023-08-24T07:13:00","date_gmt":"2023-08-24T06:13:00","guid":{"rendered":"https:\/\/temporary.nolato.com\/mfn_news\/nolatos-integrated-solutions-business-area-concentrates-its-chinese-operations\/"},"modified":"2023-08-24T07:13:00","modified_gmt":"2023-08-24T06:13:00","slug":"nolatos-integrated-solutions-business-area-concentrates-its-chinese-operations","status":"publish","type":"mfn_news","link":"https:\/\/temporary.nolato.com\/fr\/mfn_news\/nolatos-integrated-solutions-business-area-concentrates-its-chinese-operations\/","title":{"rendered":"Nolato\u2019s Integrated Solutions business area concentrates its Chinese operations"},"content":{"rendered":"
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Nolato\u2019s Integrated Solutions business area concentrates its Chinese operations; roughly SEK 60 million in non-recurring costs will be charged to the third quarter<\/strong><\/p>\n

Nolato has taken the decision to concentrate its Integrated Solutions operations in China, which, among other things, will result in the number of personnel at its Beijing plant being reduced by around 500. At the same time, Nolato will expand at its Dongguan facility in southern China. This decision will mean that the third quarter will be impacted by roughly SEK 60 million in non-recurring costs.<\/p>\n

It will also mean that Nolato\u2019s VHP-related sales will account for less than 5% of total Group sales going forward.<\/p>\n<\/div>\n

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Contact<\/strong><\/p>\n

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For further information, please contact:
Christer Wahlquist, President and CEO, +46 (0)705 804848
Per-Ola Holmstr\u00f6m, CFO, +46 (0)705 763340, per-ola.holmstrom@nolato.com<\/a><\/p>\n<\/div>\n

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About Us<\/strong><\/p>\n

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Nolato is a Swedish group with operations in Europe, Asia, and North America. We develop and manufacture products in polymer materials such as plastic, silicone and TPE for leading customers within medical technology, pharmaceuticals, consumer electronics, telecom, automotive, hygiene and other selected industrial sectors. Nolato\u2019s shares are listed on Nasdaq Stockholm in the Large Cap segment, where they are included in the Industrials sector. \u00a0<\/em>www.nolato.com\/IR<\/a><\/em><\/p>\n<\/div>\n

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This information is information that Nolato is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2023-08-24 08:13 CEST.<\/em><\/p>\n<\/div>\n

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Attachments<\/strong><\/p>\n

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Nolato\u2019s Integrated Solutions business area concentrates its Chinese operations<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Nolato\u2019s Integrated Solutions business area concentrates its Chinese operations; roughly SEK 60 million in non-recurring costs will be charged to the third quarter Nolato has taken the decision to concentrate its Integrated Solutions operations in China, which, among other things, will result in the number of personnel at its Beijing plant being reduced by around… Continue reading Nolato\u2019s Integrated Solutions business area concentrates its Chinese operations<\/span><\/a><\/p>\n","protected":false},"template":"","class_list":["post-686","mfn_news","type-mfn_news","status-publish","hentry","mfn-news-tag-mfn-ci","mfn-news-tag-mfn-lang-en","mfn-news-tag-mfn-type-ir","mfn-news-tag-mfn-regulatory-mar","mfn-news-tag-mfn","mfn-news-tag-mfn-ci-other","mfn-news-tag-mfn-regulatory","entry"],"translation":{"provider":"WPGlobus","version":"3.0.0","language":"fr","enabled_languages":["en","es","de","fr","ru","sv"],"languages":{"en":{"title":true,"content":true,"excerpt":false},"es":{"title":false,"content":false,"excerpt":false},"de":{"title":false,"content":false,"excerpt":false},"fr":{"title":false,"content":false,"excerpt":false},"ru":{"title":false,"content":false,"excerpt":false},"sv":{"title":false,"content":false,"excerpt":false}}},"_links":{"self":[{"href":"https:\/\/temporary.nolato.com\/fr\/wp-json\/wp\/v2\/mfn_news\/686","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/temporary.nolato.com\/fr\/wp-json\/wp\/v2\/mfn_news"}],"about":[{"href":"https:\/\/temporary.nolato.com\/fr\/wp-json\/wp\/v2\/types\/mfn_news"}],"wp:attachment":[{"href":"https:\/\/temporary.nolato.com\/fr\/wp-json\/wp\/v2\/media?parent=686"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}