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PCB | July 17, 2009

FUBA: sales negotiations for Dresden facility almost completed

The insolvency administrator of German PCB manufacturer FUBA, Torsten Gutmann, told evertiq that negotiations - regarding the facility in Dresden - are almost completed.
A signing of the purchase contract is expected for next week. The aim is a temporary transfer of the facility to the new investor, which requires a guarantee from the German Federal State of Saxony. Should the purchase agreement go through, 232 jobs at the Dresden facility would be saved.
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