Ymagis Group Places Éclair Cinema in Receivership
Ymagis Group has announced the implementation of the Employment Protection Plan for Eclair Cinema SAS following its approval by the regional labor authority and validation by the official receiver. This decision follows the placement in receivership of the French subsidiary Eclair Cinema SAS last November. For information, Eclair Cinema SAS represented 5.5 percent of Ymagis Group’s revenue for the first half of 2018 and almost all losses recorded over this same period.