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munch

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Posts posted by munch
 
 
  1. Dear Customers,

    As you may know, it is a complicated financial time for a lot of companies.

    This has been brought about by the difficulties in the banking world. Our

    company has been obliged to take action to safeguard our operation. We have

    therefore asked to be put under the protection of the French law.

    This prevents any attempts to disrupt our production for initially six months,

    but with the likelihood of indefinite extension. This arrangement is similar to

    the one you may have heard of in the USA called "chapter 11" . This

    has allowed our company to continue our daily work. In spite of a general

    slowing down of the global market we are satisfied by our order book, for our

    new models for 2009, especially on the export side of the market.

    We would like to reassure you that the production will remain steady for the

    foreseeable future. Any rumours you may have heard about our imminent

    liquidation are categorically untrue, due in part to the safe guards we have put

    in place.

    As always with regards to the future developments we may instigate, to do with

    any financial institutions and industrial groups, we will keep you informed on

    any decisions.

    For any question on this subject do not hesitate to contact us at

    knowmore@scorpa.fr

 
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