Nobia to close Tidaholm factory, records write-downs

As a result of the decision to close the Tidaholm factory, Nobia will record write-downs of approximately SEK 149 million in machinery and buildings, and incur other associated costs of approximately SEK 130 million.

“As a result of the decision to close the Tidaholm factory, Nobia will record write-downs of approximately SEK 149 million in machinery and buildings.”news.cision.com

• 1 source
• news.cision.comNobia continues preparations for investment in highly automated production plant in Sweden, enters new credit facilities and writes down assets relating to the Tidaholm factory - Nobia ABDec 22, 2020

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