Heidelberg Concludes Employee Negotiations to Adjust Production Levels

“Thanks to the rapid consensus, we are in a position to implement the agreed measures earlier than expected on May 1 this year and achieve the planned job cuts through socially acceptable means. Taken as a whole, the agreement reached represents a big step toward achieving the target operating result before special items of around €150 million in financial year 2013/2014,” said Schreier.

Sales structures adapted - realignment of research & development
The company has introduced measures to adapt its global sales organization to the changed market conditions. The adjustment of activities in industrialized nations is being accompanied by an increased presence in emerging markets. To significantly reduce structural costs, sales activities have been pooled and specific markets restructured. Comprehensive support for the global customer base will still be ensured.