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PCB | October 31, 2005

A fresh start for Fuba PCB

Three and a half months after the bankruptcy petition the closing of the insolvency, proceedings for German based Fuba Printed Circuits GmbH are in sight.

At the Creditor's Meeting held last week, all topics of the presented restructuring plan were confirmed. Negotiations that was worked out will include a site-security arrangement, a coordination of interests, a social plan and a reorganization wage agreement which has gone into effect on September 1st. The company had to dismiss 128 staff members, and 71 employees already changed into a transfer and qualification society as of October 1st, 2005. With regard to the business development the Managers declared that Fuba is on schedule and in part ahead of it. Read full story at PCB007.com
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June 25 2019 8:13 pm V13.3.22-1