A great chance for reorganizing Belgiums only gravure printer

Hélio Charleroi filed for bankruptcy

Hélio Charleroi, the only publication gravure printer in Belgium, filed for bankruptcy. They run five presses including two 4.32m wide presses which were installed in 2006. According to the UK trade magazine Print Week Hélio Charleroi recently lost a lot of volume, e.g. its contract for HELLO. It is unclear whether the plant should be closed down or restructured.