GROUPE SERIFOS - direction, 2020-05-20

We are sending you a new update on the situation of the OPERATIONS, wishing to communicate in detail and as close as possible to the 'special' events that are experienced:
- Our establishments have never been closed and remain open; situations change quickly and for more details, write to or ; or contact your usual contact person by phone or e-mail; our teams aim to answer you as soon as possible;
- In France for CHEVALIER, the activity is stable and about 60% impacted by the automotive activity;
- In France for CLERET, business is stable and normal;
- In Romania for ELTEC, activity is down to around 80%, impacted by the automotive business;
- in France May 21 + June 1 st and in Romania June 1 st and June 8 are days off;
- Our collaborators as much as we are informed about it and we ourselves are doing well (we hope that it is also the case for you).

IMPORTANT : In this particular time CHEVALIER + CLERET + ELTEC companies are in the same situation as their customers and their suppliers. For all of us “cash” is of high importance.
CHEVALIER + CLERET + ELTEC companies takes all efforts to continue to fulfil financial and legal contractual obligations and expect that their valued customers do as well….i.e. everyone pays agreed / due amounts, and on due & agreed date.
As a consequence, to be able to support your future developments / requests … also ‘tomorrow’, we are sorry to inform you that CHEVALIER + CLERET + ELTEC companies does not agree to postponements for payments due and/or does not agree to temporarily extended payment terms.
We count on your understanding and want to maintain our successful business relationship.
[we remind that 100 Eur unit per late payment claim can automatically be applied ]

THE SERIFOS GROUPE MAINTAINS ITS FORMAL NOTIFICATION OF exceptional, external events constituting FORCE MAJEURE to its customers (this concerns, among other things, all acknowledgements of receipt of orders in portfolio and not delivered, all various operational information, the terms of which obviously become null and void).