No job losses foreseen at Cargolux, says Infrastructure Minister
Luxembourg Infrastructure Minister François Bausch on Wednesday said that there are no job losses foreseen at Cargolux as part of the sale of a 35 percent minority share to Chinese investor group HNCA.
(CS/Ch.L) Luxembourg Infrastructure Minister François Bausch on Wednesday said that there are no job losses foreseen at Cargolux as part of the sale of a 35 percent minority share to Chinese investor group HNCA.
“This deal is not a guarantee for the safeguarding of Cargolux,” Bausch said at a government briefing, adding: “The path will be long and difficult.”
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