WHAT DOES EVERYONE THINK (MZ JUST RELEASED THIS FOLKS
Posted: Wed Feb 14, 2007 4:40 pm
As part of further efforts to reduce costs in order to ensure the survival of MZ, a decision was taken at the end of November 2006 to close down MZ Engineering GmbH and put in place a new strategy to enable the MZ products to be developed in a more cost efficient and productive manner. This will involve, but not limited to, the outsourcing of work and purchasing of developed sub-system that is readily available in the market.
This will not affect the ongoing business of MZ Motorrad-und Zweiradwerk GmbH, which will continue with its operation in Zschopau with the production of the 125cc, 1000cc, 660 Supermoto and the Charly.
In order to increase the brand awareness, various marketing activities for the season 2007 have already been planned. Amongst others, these are e.g. the participation in the regional German fairs and the revival of the popular Sachsenbike Tours on MZ motorcycles through the Erzgebirge.
MZG has also undertaken a capital reduction exercise, which is currently on going. This exercise will restructure the company's balance sheet so that the company
This will not affect the ongoing business of MZ Motorrad-und Zweiradwerk GmbH, which will continue with its operation in Zschopau with the production of the 125cc, 1000cc, 660 Supermoto and the Charly.
In order to increase the brand awareness, various marketing activities for the season 2007 have already been planned. Amongst others, these are e.g. the participation in the regional German fairs and the revival of the popular Sachsenbike Tours on MZ motorcycles through the Erzgebirge.
MZG has also undertaken a capital reduction exercise, which is currently on going. This exercise will restructure the company's balance sheet so that the company