MALMÖ, Sweden--(BUSINESS WIRE)--Regulatory News:
PartnerTech (STO:PART) has today informed its customers that the crisis in Japan affects parts of the company's supply chain and therefore may cause disorders in the supply of certain products. Today, it is very difficult to accurately assess the impact the crisis will have on the company's deliveries. About a dozen suppliers are directly affected by the earthquake and subsequent tsunami and accidents. In the near term it is expected that these suppliers will have difficulties supplying components to PartnerTech, as well as to other companies in the market. The situation in the longer term is difficult to predict at this time. PartnerTech's focus now is to as early as possible assessing where interference occurs, and take all possible measures to mitigate impacts.
PartnerTech at a glance PartnerTech develops and manufactures products under contract for leading companies, primarily in Defense & Maritime, Industry, Information Technology, MedTech & Instrumentation, CleanTech and Point of Sale Applications. With almost 1,300 employees at its plants in Sweden, Norway, Finland, Poland, the UK, the United States and China, PartnerTech reports annual sales of more than SEK 2 billion. PartnerTech AB (www.partnertech.com), the parent company, has its head office in Vellinge, Sweden, and is listed on the Nasdaq OMX Stockholm Exchange.
PartnerTech AB, corporate identity number 556251-3308
Disclosures reported to the Swedish Financial Supervisory Authority (Finansinspektionen)
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