ASPOCOMP HAS AGREED ON A STANDSTILL ARRANGEMENT WITH ITS FINNISH BANK CREDITORS
Aspocomp Group Oyj Company Announcement October 5, 2007 at 4:55 pm
Aspocomp has agreed on a standstill arrangement with its Finnish bank creditors for the purposes of stabilizing the financial position of the company during the pending negotiations with a potential business partner.
The standstill arrangement is in force until 30 November, 2007 unless earlier terminated by banks due to a material reason.
For further information, please contact Maija-Liisa Friman, CEO,
tel. +358 9 7597 0711.
ASPOCOMP GROUP OYJ
President and CEO
Aspocomp: Innovative interconnection solutions for the electronics industry
The Aspocomp Group develops and offers high technology interconnection solutions for the electronics industry in close cooperation with its customers. Aspocomp supplies printed circuit boards for mobile data terminal equipments, data communications networks and automotive industry. The company supports its global customers in developing new technologies and offers a fast route from product development to applications and volume production. The Group’s production facilities are located in Finland, China and Thailand. In 2006, its net sales stood at EUR 149 million and it had about 3,350 employees.
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