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Hanomag AG, the German wheeled loader manufacturer, is introducing shorter working days in an attempt to cut running costs and clear stocks of machines.Estimates put the value of machinery stockpiled at DM140 million (£55 million), although Hanomag was not able to confirm this figure.Up to 800 employees from the 1,500 strong workforce at the Hanover factory will work short time from the end of October to the start of the form's holiday break on December 24.By the end of next year, ...

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