Sunday, December 15, 2024

RotoGro: Executes COVID-19 operational plan

RotoGro: Executes COVID-19 operational plan

  • RotoGro World Wide, a subsidiary of RotoGro (RGI), has implemented an operational plan amidst the ongoing COVID-19 pandemic
  • Then the company has suspended the employment of 12 staff to unpaid leave and will continue to review this over a rolling two-week period
  • The Board of Directors, Executive Management Team and remaining staff have all agreed to salary reductions
  • The Executive Management team have also initiated cost-saving measures around purchase orders
  • It is not certain how long this will continue, but measures will reviewed as COVID-19 unfolds
  • RotoGro’s shares are steady today and trading for five cents each

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