Eybl International AG

euro adhoc: Eybl International AG
Strategic management decisions
Eybl International takes measures in the context of administrative receivership proceedings

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Eybl International AG (ISIN: AT0000908157) announces that in the course of ongoing administrative receivership proceedings, the following measures have been taken or are being implemented:

After having filed for administrative receivership for the companies Eybl International AG and Eybl Austria GmbH on 29 December 2008, all operations and production sites started according to plan with the production again on 7 January 2009 thereby ensuring the full supply of Eybl's customers.

The subsidiary Eybl Slovakia s.r.o. was wholly sold to the Austrian subsidiary of the German Prevent  DEV GmbH, headquartered in Wolfsburg.

Of the 600 staff members at the Krems and Gmünd sites who, in compliance with legal early-warning requirements, were registered with the Austrian Employment Agency AMS for potential lay-offs, up to 250 persons will actually be laid off within the next few weeks.

The speedy implementation of these measures is meant to facilitate a positive conclusion of the administrative receivership proceedings and to safeguard the existence of the Austrian Eybl sites in Krems and Gmünd.

Due to the ongoing administrative receivership proceedings, publication of the financial results for the stub fiscal year 1 March - 30 September 2008, originally planned for this week, has been postponed to the end of April. According to a decision of the supervisory board of 27 January 2009, the annual shareholders´ meeting of Eybl International AG was postponed from 17 February 2009 to 14 May 2009.

About Eybl International Eybl International, a company specialising in textile production, fabrication and components for automotive interi-ors headquartered in Krems in Lower Austria, operates internationally at production sites in Austria, Romania and Germany as well as at four distribution sites in Germany, France, Spain and Britain, and is recognised as a com-petent, reliable and innovative partner within the automotive sector.

Eybl International AG, traded publicly on the Vienna Stock Exchange, has for decades been a specialist in the automotive sector for complete textile furnishing of interiors made from cloth and leather. From product develop-ment and design up to production, Eybl International produces upscale quality textiles and interior parts with the latest technologies for passenger cars as well as for lorries and buses, and for customers in the non-automotive sector (rail and air).

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ots Originaltext: Eybl International AG
Im Internet recherchierbar: http://www.presseportal.ch

Further inquiry note:
Eybl International AG
Investor Relations
Robert Gabriel
Tel.: +43 (0) 2732 881-300
Fax: +43 (0) 2732 881-79

Branche: Speciality stores
ISIN:      AT0000908157
WKN:        914117
Index:    WBI, Standard Market Auction
Börsen:  Wiener Börse AG / official market

Weitere Meldungen: Eybl International AG

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