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These kinds of was Hitachi’s self confidence in Ivan that it remaining him and his administration staff thoroughly in control of operating FusioTech Holdings, The brand new firm set up post its acquisition.“The preceding senior administration departed the corporate quickly with none type of handover from the administration and the operations.Ho
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In keeping with its winding up petition, Hitachi mentioned it was alerted by Ivan in Sept 2023 that the company experienced experienced a sharp fall in profits accompanied by a shocking revelation from Ivan at a meeting on 27 Oct 2023 that it would wish to cut costs, like quick retrenchments, devoid of which it may not be able to satisfy its fiscal