Dutch-based AkzoNobel management to be brought together in new AkzoNobel Center in 2015

Dutch-based AkzoNobel management to be brought together in new AkzoNobel Center in 2015

ID: 262165

(Thomson Reuters ONE) -


May 21, 2013

AkzoNobel intends to concentrate its Dutch-based management personnel in a new
office building in the Zuidas business district of Amsterdam from the end of
2015.

The move will bring the majority of corporate and business management and their
supporting staff in the Netherlands together at a single location, promoting
cross-company collaboration. Currently, head office and Dutch-based business
unit management and their supporting staff are spread across four office
locations.

The new building will enable a rationalization of AkzoNobel's office footprint,
leading to clear cost savings. Following the relocation, the company will no
longer have offices in Amersfoort and Hoofddorp. The relocation will have no
direct consequences in terms of employment opportunities and employees have been
informed about the plans.

When the company's headquarters moved from Arnhem to Amsterdam in 2007,
AkzoNobel signed a contract to become the tenant of a new building to replace
the current temporary office space on the Zuidas.

The construction of the new AkzoNobel Center, which is being built by Dura
Vermeer and will be owned by the German Union Investment Group, has now started
and is expected to take two-and-a-half years.

Approximately 700 employees will work from the new Center, which will be
designed according to the latest sustainability norms and office layout
principles.

- - -

AkzoNobel is a leading global paints and coatings company and a major producer
of specialty chemicals. We supply industries and consumers worldwide with
innovative products and are passionate about developing sustainable answers for
our customers. Our portfolio includes well-known brands such as Dulux, Sikkens,
International and Eka. Headquartered in Amsterdam, the Netherlands, we are
consistently ranked as one of the leaders in the area of sustainability. With




operations in more than 80 countries, our 50,000 people around the world are
committed to excellence and delivering Tomorrow's Answers Today(TM).


Not for publication - for more information


Corporate Media Relations, tel. +31 20 502 7833
Contact: Stephen Hufton

Corporate Investor Relations, tel. +31 20 502 7854
Contact: Jonathan Atack and Sheryl Stokes



Pdf file AkzoNobel press release:
http://hugin.info/130660/R/1703436/563056.pdf



This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Akzo Nobel NV via Thomson Reuters ONE
[HUG#1703436]




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Bereitgestellt von Benutzer: hugin
Datum: 21.05.2013 - 17:30 Uhr
Sprache: Deutsch
News-ID 262165
Anzahl Zeichen: 3195

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