Ferronordic postpones AGM until 25 June 2020
In view of the uncertainty caused by COVID-19, Ferronordic’s Board of Directors has decided to postpone the 2020 AGM until 25 June. This will give the Board more time to assess the impact of the current situation on Ferronordic’s financial position and to evaluate the Board’s dividend proposal.The outbreak of COVID-19 has so far had relatively limited impact on Ferronordic’s business and financial position. Customer demand in Russia and Kazakhstan has not been significantly impacted. However, although all workshops in Germany are operating, there has recently been a decline in demand in