12 June 2009 - Qurius has decided to discontinue its Swedish
operations with offices in Stockholm, Linkoping and Goteborg. In
total 78 employees will be affected. The Qurius Executive Board has
reached this decision taking into account the ongoing losses and
adverse market conditions. During 2008 and the first half year of
2009 Qurius took several restructuring measures. However, the effects
prove insufficient to rationalise the business in the current
economic climate. The Qurius Sweden operations have generated a
revenue of approximately EUR 2.8 million with an EBIT of
approximately EUR 0.5 million negative in the period January - April
of 2009.
Fred Hermans, CEO: 'In 2008 we took several measures to improve the
profitability of our Swedish organisation. Even though we were
successful to reduce our cost base going forward, full
rationalisation became increasingly difficult in the current economic
downturn. As a result, further investments no longer seem
appropriate. We therefore reached the difficult decision to stop
investing in our Swedish activities and to discontinue the
operations.'
Where possible and practical, ongoing customer contracts will be
taken over by other Qurius operations.
Qurius N.V.
Qurius provides architecture, realisation and systems management of
Microsoft technology based business and IT solutions, including
infrastructures. Qurius has over 1,000 staff members and
is headquartered in Zaltbommel, the Netherlands. Its offices in
Belgium, Germany, Italy, the Netherlands, Norway, Spain and the
United Kingdom serve over 2,800 clients. Qurius has been publicly
listed on Euronext Amsterdam since 1998 and is included in the
AScX-index. Currently Qurius has 105,432,619 listed shares. Qurius
was recognised by Microsoft as the 2007 global Microsoft Dynamics
Partner of the Year. For more information, visit www.qurius.com.
Contact
Qurius, Suzanne Schaapman, Investor Relations Manager: t. +31 (0)418
683 500 or s.schaapman@qurius.com
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