The Swiss PV equipment supplier posted the loss for 2019, citing increasingly fierce competition in China, and plans to continue a strategic realignment of its business with the options including the establishment of a European PV manufacturing operation.
The Swiss solar equipment supplier today fought off an attempt by its largest single shareholder to have a representative appointed to its board and to have its executive pay regime reviewed. Victory in that battle may secure the company some wiggle room, but the war over corporate strategy appears far from over.
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