May 29, 2018 / 5:14 AM / in 23 days

BRIEF-Zehnder Group Optimises Radiator Production Network In Europe

May 29 (Reuters) - ZEHNDER GROUP AG:

* 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: Further company coverage: (Gdynia Newsroom)

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