Tag: Lenzing AG

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High cost pressure – How companies can save now and improve at the same time

The sharp rise in costs, which are a huge disadvantage in international competition, is putting domestic companies under pressure. Efficiency programs are the order...

Aftermath for Lenzing – 75,000 euro fine for use of corona mask

Lenzing AG and Palmers Textil Aktiengesellschaft have established a joint venture during the corona pandemic to produce mouth and nose protection and FFP2 masks....

Deal with B&C Group – Pulp giant from Brazil becomes a shareholder of Lenzing

Shareholders B&C Group and Suzano SA enter into a long-term partnership for the majority stake in Lenzing AG. In concrete terms, the Brazilian...

After a minus year – Lenzing savings package costs 80 jobs in Austria

How does Lenzing AG find a way out of the crisis? A self-imposed performance program is intended to reduce costs, which cannot be...

Profit forecast – Lenzing writes off a maximum of 480 million euros

The listed fiber manufacturer Lenzing AG continues to struggle with the economic climate and writes off almost half a billion euros. According to...

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