BRIEF

on EUROPLASMA (EPA:ALEUP)

EUROPLASMA: Manufacturing and supply agreement for 500,000 hollow bodies for Bizzell Europe

Stock price chart of EUROPLASMA (EPA:ALEUP) showing fluctuations.

Europlasma has signed a contract with Bizzell Corporation for the production of 500,000 hollow bodies. Bizzell Corporation, which mainly works for the American government, placed this order for an amount of almost 140 million euros.

These hollow bodies with a diameter of 155 mm or equivalent will be supplied to the subsidiary Bizzell Europe, specialized in armaments. This subsidiary recently invested in Valdunes Industries.

The agreement also allows Bizzell Europe to increase its stake in Valdunes Industries without voting rights. Europlasma will inform the market of the details of this increase if it occurs.

R. E.

Copyright © 2024 FinanzWire, all reproduction and representation rights reserved. Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.

Click here to consult the press release on which this article is based

See all EUROPLASMA news