PIE-TICKER
Fewer job cuts agreed for German Profine sites
Employees of German PVC window profiles manufacturer Profine (www.profine-group.com), Troisdorf, are facing considerable job cuts. Around 410 of the company's 2,500 staff positions are be eliminated under the compromise agreement signed by management and employee representatives. This is fewer than initially feared, however.The two sites additinally have signed a pact safeguarding the German sites of Troisdorf, Berlin and Pirmasens up to 2010. Management had mulled shifting the core extrusion business to other countries.
14.07.2005 Plasteurope.com [10842]
Published on 14.07.2005