March 24, 2020 / 2:13 PM / in 16 days

BRIEF-Groclin Suspends Cooperation With Its Strategic Partners Amid Coronavirus

March 24 (Reuters) - Groclin SA:

* ON CORONAVIRUS: SAYS COOPERATION WITH CO’S STRATEGIC PARTNERS SUSPENDED

* AT PRESENT CO’S SITUATION IS STABLE

* CONTINUES ITS PRODUCTION IN PLANT IN UKRAINE IN LIMITED SCALE

* PRESENT SITUATION ON TERRITORY OF EU AND ITS DIRECT NEGATIVE EFFECTS FOR WHOLE AUTOMOTIVE SECTOR, WILL ALSO HAVE DIRECT, SIGNIFICANT, NEGATIVE IMPACT ON GROUP’S ACTIVITY Source text for Eikon: Further company coverage: (Gdansk Newsroom)

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