Evolution of the Group’s Operations in the Czech Republic

Petit Forestier Group announces that it will cease its operations in the Czech Republic.

This decision comes in the context of local economic conditions that no longer allow the business to continue operating under satisfactory circumstances. After considering various options, the Group has decided to adjust its presence in the country in order to maintain a responsible and controlled management of the situation.

This decision forms part of the Group’s broader strategy to optimize its international footprint by focusing its resources on its strategic markets.

The Group would like to emphasize that this decision in no way reflects on the commitment, professionalism, or quality of work demonstrated by the local teams.

The teams remain fully committed to supporting customers and working with each of them to organize a transition tailored to their specific situation. The objective is to ensure service continuity under the best possible conditions.

The cessation of operations is being carried out in a structured and responsible manner, with particular attention paid to all stakeholders involved.

The Group continues to pursue its development in its priority markets and thanks its employees, customers, and partners for the trust they have placed in it.