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LM Glasfiber expects to reduce its production capacity at the Lunderskov factory in the immediate future. The factory is one of their three plants in Denmark. The capacity adjustment is prompted by the continued decline in the German market, which is LM Glasfiber’s most important market in Northern Europe. About 170 employees are expected to be affected by the capacity adjustment. LM Glasfiber will offer retraining programmes to employees affected by the lay-offs, helping them to move on to another job or education opportunity, as they may desire.
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