DGAP-News: Kontron AG: agreement reached on reconciliation of interests and social plan

DGAP-News: Kontron AG: agreement reached on reconciliation of interests and social plan

ID: 322648

(firmenpresse) - DGAP-News: Kontron AG / Key word(s): Restructure of Company
Kontron AG: agreement reached on reconciliation of interests and
social plan

05.12.2013 / 15:29

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* Transfer of operations to Augsburg und Deggendorf agreed
* All measures to be implemented by November 2014
* Total volume of social plan for Kontron Europe GmbH to amount to 8,2 Mio.
Euro
Eching near Munich, 5. Dezember 2013 - Kontron and representatives of the
general works council have reached agreement in front of an arbitration
committee on a reconciliation of interests, and have decided on a social
plan. The agreement clears the way for the Executive Board's plan,
announced on 24 July 2013, to operate the company out of three German
locations in future: all Kaufbeuren, Eching, Roding and Ulm jobs will be
transferred to Augsburg and Deggendorf. Augsburg will be built out to
become a central, cutting-edge technology campus, and Deggendorf's role
will be strengthened through the addition of further strategically
important functions.
Accordingly, Kontron is offering all its employees to relocate their roles
to its Augsburg and Deggendorf sites. In order to facilitate this transfer,
the social plan offers a range of mobility benefits, as well as relocation
support measures.
'I am pleased that, after constructive talks with the general works
council, we have reached a good result for all our employees and for the
company. The measures we have agreed on are an essential prerequisite for
the implementation of our vision', says Rolf Schwirz, Kontron AG's Chief
Executive Officer. 'These measures will increase our clout in the global
ECT market significantly and are therefore an important step towards
regaining the number 1 position in this space. The agreement also provides
the cornerstone for the build-out of our Augsburg headquarters. Our




employees will soon find a high-tech, cutting-edge work environment there.'
All measures are to be implemented by the end of November 2014. The total
volume of the social plan for Kontron Europe GmbH will amount to 8,2 Mio.
Euro.
By reaching this milestone, the company takes a big step to increase its
efficiency. Further initiatives will involve cutting indirect and direct
costs, as well as optimising its product portfolio.


Für weitere Informationen:
Harald Kinzler
HERING SCHUPPENER Consulting
Tel: +49 69 9218 7465
E-Mail: hkinzler(at)heringschuppener.com


End of Corporate News

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05.12.2013 Dissemination of a Corporate News, transmitted by DGAP - a
company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English
Company: Kontron AG
Oskar-von-Miller-Str. 1
85386 Eching
Germany
Phone: 08165-77-225
Fax: 08165-77-222E-mail: gaby.moldan(at)kontron.com
Internet: www.kontron.com
ISIN: DE0006053952
WKN: 605395
Indices: TecDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover,
München, Stuttgart


End of News DGAP News-Service
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243413 05.12.2013


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Datum: 05.12.2013 - 15:29 Uhr
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News-ID 322648
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DGAP-News: Changes in Kontron AG's Executive Board ...

DGAP-News: Kontron AG / Key word(s): Change of Personnel Changes in Kontron AG's Executive Board 03.12.2013 / 08:28 --------------------------------------------------------------------- Eching near Munich, December 03, 2013 - Andrea Bauer (47 ...

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