DGAP-News: Francotyp-Postalia Holding AG:
(firmenpresse) - DGAP-News: Francotyp-Postalia Holding AG / Key word(s): Restructure of
Company/Restructure of Company
Francotyp-Postalia Holding AG:
11.08.2011 / 18:00
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Negotiations on a reconciliation of interests have broken down
Birkenwerder, 11 August 2011. Yesterday, it was declared that negotiations
on a reconciliation of interests between Francotyp-Postalia GmbH and
Francotyp-Postalia Vertrieb und Service GmbH and the Works Council and
trade union representatives had failed. In the first quarter of the year,
following fruitless internal negotiations, the negotiating parties had
reached an agreement on the conciliation proceedings. The third meeting
took place yesterday. At the beginning of the year, the company decided to
transfer production from Birkenwerder to Wittenberge; this decision was
preceded by month-long talks on a realignment of production at the previous
site.
According to the Works Council Constitution Act, the purpose of a
reconciliation of interests is to reach an amicable agreement between the
company and the Works Council on the type and scope of an operational
change. Even with the input of an external mediator, the FP management and
the Works Council were unable to come to an agreement yesterday.
The company will now start to implement the planned measures and close
production in Birkenwerder. In the arbitration proceedings, the negotiating
parties will also discuss a redundancy scheme for the estimated 110
employees working in production at Birkenwerder who are likely to be made
redundant. 'The realignment of production is a measure of key importance in
securing the long-term future of the entire Group', states Hans Szymanski,
CEO of Francotyp-Postalia Holding AG. 'This will enable us to create the
competitive conditions necessary in the long term that, unfortunately, we
were unable to implement in Birkenwerder despite our extensive efforts', Mr
Szymanski goes on to say.
Contact
Francotyp-Postalia Holding AG
Corporate Communications
Sabina Prüser
Tel: +49 (0)3303 525 410
Fax: +49 (0)3303 53707 410
E-mail: s.prueser(at)francotyp.com
About Francotyp-Postalia Holding AG
The FP Group is the first complete service provider for mail communication.
The globally active company offers the entire range of products and
solutions for business and private customers. In addition to machinery for
franking and inserting mail, its offering includes services such as
collecting business mail and innovative software solutions such as the
fully electronic letter. The FP Group, based in Birkenwerder near Berlin,
can therefore provide tailored multi-channel solutions. The Group currently
has its own branches in a number of industrialised nations and holds a
global market share in franking machinery of around 10%. With a history
dating back over 85 years, the FP Group today benefits from increasing
deregulation in all postal markets and the readiness of companies to
outsource their business mail to professional service providers. In the
2009 financial year, the company generated revenues of EUR 147.3 million.
The FP Group employs more than 1,000 people worldwide.
End of Corporate News
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Language: English
Company: Francotyp-Postalia Holding AG
Triftweg 21-26
16547 Birkenwerder
Germany
Phone: +49 (0)3303 525 777
Fax: +49 (0)3303 53 70 77 77
E-mail: ir(at)francotyp.com
Internet: www.francotyp.com
ISIN: DE000FPH9000
WKN: FPH900
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, München, Stuttgart
End of News DGAP News-Service
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135436 11.08.2011
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Datum: 11.08.2011 - 18:00 Uhr
Sprache: Deutsch
News-ID 45325
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