Heidelberg Concludes Employee Negotiations to Adjust Production Levels

Taken together, these measures will help achieve the targeted annual savings of around €180 million from financial year 2013/2014. Up to a third of these savings will already be achieved in financial year 2012/2013. The necessary one-off expenditure amounts to approximately €150 million, most of which will be posted during the current 2011/2012 financial year.