CMG’s Oberndorfer Druckerei stops paying wages; talks on potential sale ongoing

BRUSSELS, April 25, 2019 (PPI Europe) -Austrian printer Oberndorfer Druckerei, part of the Netherlands-based printer Circle Media Group (CMG), is in financial difficulties and might be sold.

According to the trade union GPA-djp, the firm, which is currently unable to pay salaries and wages, informed its 160 workers of the current difficulties during a company meeting held last week.

“The affected employees now have priority. First and foremost, we will do our utmost to ensure that the location in Mittergöming /Oberndorf remains [active] and is secured. Conversations regarding a [potential] acquisition are very positive at the moment. Since the beginning of March ...

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