Smart phone product positioning high-end Vertu has announced the closure of its manufacturing plant in England. After the march was sold to a wealthy Turkish Hakan Uzan. He tried to negotiate with the original creditor. But do not make the decision to achieve its dissolution. Fried and sold assets to liquidation.Vertu has outstanding liabilities accumulated to 138 million pounds but Uzan has filed a proposal with the creditor for payment of only 1.9 million pounds only. Make the negotiation of debt does not achieve results, which makes the need to close a production plant in England and all of the 200-man Rod layoffs.
Uzan however, will still own the rights to the brand, the design and technology of Vertu to even without it. He is also an investor in the TCL manufacturer of smart phones like Blackberry and Alcatel, it is possible that Vertu brand will be manufactured by TCL.
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