FROM THEIR WEB SITE......
LIQUIDATION OF ZEINTEC:
UNFORTUNATELY ZEINTEC IS IN THE PROCESS OF LIQUIDATION!
AFTER 5 YEARS THE WORLD ECONOMIC CRISIS HAS CLAIMED THE ZEINTEC BUSINESS AS WELL!
EVEN THOUGH ZEINTEC MANAGED TO RESIST IN THE FIRST 16 MONTH OF THE CRISIS BY REDUCING COSTS, GRANTING DISCOUNTS (TO KEEP SALES UP) AND INCREASING EFICENCY, WE EVENTUALLY HAD TO GIVE IN FOR THE FOLLOWING REASONS:
- DRAMATIC DECREASE IN SALES
- THE SOUTH AFRICAN RAND BECOMING STRONGER AND STRONGER, WHICH HAS EATEN UP ALL EFFORTS TO REDUCE PRICES AND KEEPING SALES UP
- QUALITY ISSUES IN PRODUCTION
- SUPPLIERS CLOSING DOWN THEIR BUSINESSES
SIMPLY TOO MANY ODDS TO BEAT.
WE APOLOGIES TO ALL OF OUR CUSTOMERS AND PARTNER WHO ARE BEING AFFECTED BY THE SITUATION. WE TRIED OUR VERY BEST!
THE ZEINTEC TEAM
AS SOON AS WE KNOW HOW THE PROCESS WILL BE HANDELED WE WILL PUBLISH RELEVANT INFORMATION.
