15 April 2019, Deventer – On Friday April 12 Circle Media Group has requested for a suspension of payments for its Dutch holding company Roto Smeets BV, the holding company for the Dutch printing activities of the group: Roto Smeets Deventer, Roto Smeets Weert and Senefelder Misset in Doetinchem. The suspension of payments results from the very challenging market circumstances in the European printing industry. The administrator and management are examining possibilities for a reorganisation of the company. During the suspension of payments, the Dutch printing companies will continue their operations as usual.
The suspension of payment does not include the Dutch marketing operations in Amstelveen (MPG), nor the Belgian operation Corelio Printing and other printing companies in Austria, Germany, Spain and Hungary.