Roermond, The Netherlands,
27
September
2019
|
07:00
Europe/Amsterdam

Sif’s position on production in Japan unchanged

Correction of Nikkei report on interview with CEO Fred van Beers.

Summary

Sif Holding N.V. (Euronext symbol SIFG / ISIN code NL0011660485) - Regulatory news

This morning media reported on a publication by Nikkei whereby Nikkei wrongfully quoted CEO Fred van Beers on investment of 200- 300 million euro's in a plant in Japan in the next 2 to 3 years in Japan. Sif has recently opened a sales office in Japan and is discussing cooperation with local partners for future production in Japan. Sif’s approach on the Japanese market remains unchanged.

About Sif Holding N.V.

Sif is a total solutions provider for design engineering and excellent manufacturing of offshore foundations for wind farms, including logistics and marshalling services. Sif traditionally serves the North-Western European markets and is exploring its global presence. Sif combines two highly automated and flexible production facilities in Roermond and Rotterdam (Tweede Maasvlakte) with technology leadership in rolling and welding of heavy steel plates, which is based on 75 years of experience and innovative in-house developed techniques and processes. Sif primarily produces monopiles, transition pieces and piles that are used to anchor jacket foundations in the seabed for offshore wind turbines.