Jo Francis reports in PrintWeek that Israeli digital cutting and creasing manufacturer Highcon Systems filed notice with the Tel Aviv Stock Exchange on March 27 that they were preparing to file under the Chapter 10 Insolvency and Economic Rehabilitation law. The company had restructured in 2023 and announced a significant sales pipeline after drupa in 2024, but indicate they are experiencing cash flow difficulties. PrintWeek says that most of their employees have been laid off.
See the complete article here.
Login
New User? Signup
Reset Password
Signup
Existing User? Login here
Login here
Reset Password
Please enter your registered email address. You will recieve a link to reset your password via email.
New User? Signup
Currency Exchange Graph