NEO INDUSTRIAL OYJ STOCK EXCHANGE RELEASE May 7, 2012 at 14.50
NEO INDUSTRIAL’S SUBSIDIARY AVILON FILED THE DRAFT RESTRUCTURING PROGRAM
Avilon Ltd, part of Neo Industrial’s Viscose Fibers segment, has today filed the draft restructuring program with the District Court of Pirkanmaa, subject to the Finnish Restructuring Act
Neo Industrial Plc
Markku E. Rentto
Managing Director
For further information, please contact:
Markku E. Rentto, Managing Director, tel. +358 207 209 191
Sari Tulander, Managing Director, Avilon, tel + 358 20 7800 500
www.neoindustrial.fi
Neo Industrial's strategy is to invest mainly in industrial companies with similar synergic benefits. The aim of investments is with active ownership to develop the purchased companies and establish additional value. Returns are sought through both dividend flow and an increase in value. Neo Industrial's class B shares are listed on the NASDAQ OMX Helsinki Stock Exchange.
Neo Industrial's business segments are Cable, Viscose Fibers and Single Family Housing.