Management Reports • Sep 22, 2015
Management Reports
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Media | 22 September 2015 17:30
Von Roll Holding AG: Focussing on centers of excellence and concentration of production areas
(EQS Group-Media / 2015-09-22 / 17:30)
Von Roll Holding AG: Focussing on centers of excellence and concentration of production areas
Au / Wädenswil, September 22, 2015 – Von Roll Holding AG is currently planning the next important steps of its “Delta Integrale” strategy and the establishment of centers of excellence that this involves.
Breitenbach-based Von Roll Schweiz AG currently employs some 360 staff. With this restructuring, the Von Roll Schweiz AG site in Breitenbach will be expanded into a new center of excellence for the areas of impregnation and lamination.
Subject to the statutory co-determination rights of employee representatives, wire production is to be discontinued at the Von Roll Schweiz AG site in Breitenbach, Switzerland, and concentrated at Von Roll France SA in the French town of Delle. Von Roll France SA, which has been manufacturing wire since 1927, will thus be expanded into a center of excellence for wire production.
Up to 55 Von Roll Schweiz AG positions based at the Breitenbach site will be affected by the planned downsizing of the workforce. A socially acceptable solution is being sought for them.
Consolidating the plants is intended to adjust the necessary capacity in line with demand, with the aim of increasing production efficiency at our plants and improving competitiveness.
About Von Roll Holding AG:
As a Swiss industrial company Von Roll Holding AG focuses on products and systems for power generation, transmission and distribution. Von Roll is a global market leader for electrical insulation products, systems and services and has a worldwide presence at more than 30 sites in 20 countries with about 2,150 employees.
Contact:
Claudia Güntert, Corporate Communications
T: +41 44 204 35 29, F: +41 44 204 30 07, E: [email protected]
This press release is based on information currently available. Unforeseeable risks and influences may lead to discrepancies with the statements made here. Furthermore, rounding differences may lead to discrepancies in the reported figures. For more information on the company and its business performance, please refer to the Annual and Semi-Annual Report of Von Roll Holding AG, which is available in digital form at http://www.vonroll.com/en/financial-reports.html .
End of Corporate News
Issuer: Von Roll Holding AG
Key word(s): Research/Technology
2015-09-22 This Press Release was distributed by EQS Schweiz AG. www.eqs.com – news archive: http://switzerland.eqs.com/de/News
The issuer is responsible for the contents of the release.
| Language: | English |
| Company: | Von Roll Holding AG |
| Steinacherstr. 101 | |
| 8804 Au | |
| Switzerland | |
| Phone: | +41 44 204 3500 |
| Fax: | +41 44 204 3007 |
| E-mail: | [email protected] |
| Internet: | www.vonroll.com |
| ISIN: | CH0003245351 |
| Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart; Open Market in Frankfurt ; SIX |
| End of News | EQS Group Media |
| - - - |
| 396711 2015-09-22 |
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