Fire that broke out in the early hours of October 18, 2007 has burnt down the newly built warehouse in Wroclaw. Fortunately, no injuries were reported. No further information is yet available as to the cause of the fire or damage to other parts of the facility.
Technical support from the HIRSCH Group is already on its way to Wroclaw. As the local fire service has now allowed access to the manufacturing facility again, production will be resumed within a day. The damage is estimated at around 3-4 million euros, but is covered by insurance.
The next date on the financial calendar is November 30, 2007 when the results for the first quarter 2007-08 will be announced.
*The HIRSCH Servo Group is the EPS specialist on the Vienna Stock Exchange with manufacturing facilities in Austria, Hungary, Poland, Slovakia, Italy and Romania. EPS products (EPS stands for expandable polystyrene and is better known under the brand name of Porozell®) support a variety of functions, including energy savings, as well as sustainable and eco-friendly growth. Their wide-ranging applications cover packaging, shape-molded parts, building insulation, modular boards for underfloor heating, construction blocks and Thermozell® lightweight concrete products.
For further information, please contact Michaela Promberger, Tel: +43 676 5784006,
Fax: +43 4277 2211-370, E-mail: michaela.promberger@hirsch-gruppe.com,
www.hirsch-gruppe.com
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