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Homag’s Eastern European business drops sharply

Redundancy package talks for Friz still continuing

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Published in issue 41/2012
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Homag AG, based in Schopfloch, Germany, encountered a significant slump in Eastern European business in the first half of 2012. Order intake (excluding commercial products, replacement parts and services) was down 39.2% compared with last year. The company blamed this on mounting financing problems and project orders ...

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