Prospects for a successful agreement with an investor for insolvent printing press manufacturer Manroland AG have improved. Werner Schneider, the administrator, is said to have conducted numerous negotiations with interested parties in the past days. "We now have parties seriously interested in all three production sites in Augsburg, Offenbach and Plauen, with whom we are involved in negotiations," Mr Schneider said.
To ensure continued operations and save as many jobs as possible, the objective is to sell the key company segments by 31 January, which is the deadline corresponding to the current insolvency proceedings. "However, nothing is decided yet," Mr Schneider underlined.