Michel Boktryckeri, which owns Alingsås Tidning and three other local newspapers, has been declared reconstruction due to financial problems. Excessive costs are said to be the cause of the crisis. Savings have already started.
– Some parts should perhaps started earlier, says the company’s CEO William Michelsen to Alingsås Tidning.
The publication of newspapers continues. According to the media world is one of the problems that the printing company has debts to the distribution company VTD, part of the large reconstruction within the Stampen Group.