ItN Nanovation AG

euro adhoc: ItN Nanovation AG
ItN Nanovation makes clear adjustments in human resources within the scope of corporate reorganization

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Saarbruecken, 26th of February, 2009 - ItN Nanovation AG (ISIN DE000A0JL461) makes substantial adjustments in human resources within the scope of the ongoing corporate reorganization. In the company´s headquarter in Saarbruecken the number of employees will be considerably reduced. ItN Nanovation AG intends to reduce between an estimated 20 and 30 jobs, including dismissals for operational reasons. Based on the cutback on personnel ItN expects an annual cost reduction in the seven-digit range. The short time work that had been agreed upon till the end of February will last till August 31, 2009 in the production plant in Halberstadt.

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ots Originaltext: ItN Nanovation AG
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Further inquiry note:
ItN Nanovation AG
Untertürkheimer Straße 25
66117 Saarbrücken
Tel.: +49 (0) 681/50 01-460
Fax: +49 (0) 681/50 01-499

edicto GmbH
Herr Axel Mühlhaus/ Herr Dr. Knop
Zeißelstr. 19
60318 Frankfurt am Main
Tel.: 069-90 55 05-51
Fax.: 069-90 55 05-77

Branche: Technology
ISIN:      DE000A0JL461
WKN:        A0JL46
Index:    CDAX, Prime All Share, Technologie All Share
Börsen:  Börse Frankfurt / regulated dealing/prime standard
              Börse Berlin / free trade
              Börse Stuttgart / free trade
              Börse Düsseldorf / free trade
              Börse München / free trade

Weitere Meldungen: ItN Nanovation AG

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