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REC to discontinue module operations at REC ScanModule AB in Glava, Sweden
Sandvika, September 22, 2010; REC has today decided to initiate a process withthe trade unions with the intention to discontinue the operation at the 150 MWmodule plant in Glava, Sweden. The plant will continue the production of modulesat somewhat reduced capacity utilization until the end of 2010."I would like to recognize the considerable efforts of the REC ScanModule teamover the last quarters to improve its cost position. Unfortunately the financialperformance of the plant has remained unsatisfactory, and despite the efforts ofthe Glava team the prospects for long-term competiveness of the plant are weak",says John Andersen, Jr., Executive Vice President &
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