ChromoGenics initiates cost reduction program
ChromoGenics adjusts cost structure to meet market challenges and ensure long-term growth. Stockholm, 2024-03-25 - ChromoGenics (NASDAQ: CHRO), a leading supplier of dynamic glass products and solutions, announced today the decision to adjust its cost structure to address market challenges and ensure long-term growth. Over the past year, ChromoGenics has achieved significant improvements in its production process, resulting in increased efficiency and enhanced production capacity. The production processes are stable and contribute to a positive gross margin, providing a solid