Top Movers

Company Announcements

Artes Graficas Rioplatense ceases printing

RNS Number : 6657U
Grupo Clarin S.A.
19 January 2017
 

GRUPO CLARIN S.A.

Artes Gráficas Rioplatense ceased to operate its printing facilities

 

On 18 January 2017, Grupo Clarín S.A. (the "Company") informed the Argentine Securities Commission and the Buenos Aires Stock Exchange that Artes Gráficas Rioplatense S.A. ("AGR") -a subsidiary indirectly controlled by the Company- ceased to operate its printing facilities located in the neighbourhood of Pompeya, City of Buenos Aires (the "Pompeya Facility"). The close-down of the Pompeya Facility is due to the strong reorganization that the commercial printing sector is undergoing, the adoption of new technologies, the changes in marketing strategies and the changes in consumer behaviours.

The decision made by AGR seeks to preserve the financial health and the jobs of the rest of its industrial facilities, allowing it to focus on those activities that can ensure a sustainable model in the future.

 

 

 

Enquiries:

 

In Buenos Aires:

Agustín Medina Manson / Patricio Gentile

Grupo Clarín

Tel: +5411 4309 7215

Email: investors@grupoclarin.com 

 

In London:

Alex Money 

Jasford IR

Tel: +44 20 3289 5300

Email: alexm@jasford.com 

 

In New York:

Melanie Carpenter

I-advize Corporate Communications

Tel: +1 212 406 3692

Email: clarin@i-advize.com

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCEAXFNFDEXEFF

Top of Page