Brief: Zehnder Group Optimises Radiator Production Network In Europe

Zehnder AG

29/05/2018 06:13

May 29 (Reuters) - ZEHNDER GROUP AG  ZEHN.S :
    * OPTIMISES RADIATOR PRODUCTION NETWORK IN EUROPE
    * SOME OF ITS PRODUCTION VOLUME WILL BE MOVED FROM
SWITZERLAND TO
FRANCE
    * MOVE FROM SWITZERLAND TO FRANCE WILL RE-SULT IN THE LOSS
OF 40
JOBS AT THE GRAENICHEN (CH) SITE
    * JOB CUTS SHALL LARGELY BE COMPLETED BY THE BEGINNING OF
2019
    * SPECIFICALLY, PLANS TO MOVE PRODUCTION FROM PLANT IN
GRÄNICHEN
(CH) TO VAUX-ANDIGNY (FR)

Source text for Eikon:  ID:nNDL3G01xF 
Further company coverage:  ZEHN.S 

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