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The Kardex Group’s management has decided to further optimize organizational structures at the Kardex Remstar Division’s two plants in Germany. Outsourcing processes that are not strategically relevant will increase the efficiency of the plants at Bellheim (Rhineland-Palatinate) and Neuburg (Bavaria) and make the cost base more flexible. These organizational adjustments will reduce the number of jobs by around 50 to 60 as of February 2011. The resulting staffing reductions will be achieved through mutually agreed part-time work models for older employees, by outsourcing jobs to non-Kardex companies and, to a limited degree, through terminations. The economic affairs council and works councils at the plants concerned have been informed of the measures to be taken. The necessary provision in the amount of EUR 0,8 million was recognised already in the fiscal year 2010.
The Kardex Group employs in total around 2‘200 people.
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