Consultation process on the production site in St-Prex: proposals from employee representatives are being evaluated
May 02, 2024 at 07:51 am EDT
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Consultation process on the production site in St-Prex: proposals from employee representatives are being evaluated
Consultation process on the production site in St-Prex: proposals from employee representatives are being evaluated
#Comunicato stampa
#St-Prex
02.05.2024:The Vetropack Group, one of Europe's leading glass packaging manufacturers, has completed an important intermediate step in the consultation process on the future of its production site in St-Prex (VD). As agreed, employee representatives submitted their proposals with alternatives to a closure to the Vetropack Management Board on April 30. These proposals are now being examined in detail before the Board of Directors will make a final decision on the future of the site.
«We will take the time to examine and evaluate all proposals in detail. Only then will we make and announce a decision on the future of the production site in St-Prex.»
Claude Cornaz, Chairman of the Board of Directors of the Vetropack Group
On March 7, 2024, the Vetropack Group launched a consultation process on the future of its production site in St-Prex. In Switzerland, such a procedure is required by law if, for instance, large numbers of job redundancies are to be expected as a result of a site closure. This is precisely the situation in St-Prex. Comprehensive analyses have shown negative competitiveness and development opportunities for the site. This situation could lead to its closure before the end of this year, resulting in the loss of a large number of jobs at the site.
It is the aim of the consultation process to evaluate the options for avoiding or limiting the number of redundancies or mitigating the consequences. "By initiating the consultation process, the Board of Directors has cleared the way for once again examining all options for the site before the final decision is made," explains Johann Reiter, CEO of the Vetropack Group. "As Management Board, we have supported this process to the best of our ability over the past few weeks and answered all enquiries from employees promptly and as transparently as possible."
As per the procedure, the employee representatives submitted their proposals for the future development of the site to the Group Management Board on April 30. The proposals will now be evaluated with regard to their viability - a step that is expected to take until mid-May, as Claude Cornaz, Chairman of the Board of Directors of the Vetropack Group, explains: "We will take the time to examine and evaluate all proposals in detail. Only then will we make and announce a decision on the future of the production site in St-Prex."
Regardless of the outcome of the consultation process, Vetropack has no intention of withdrawing from its home market of Switzerland. The company's headquarters will remain in Bülach and the glass recycling business (Vetrorecycling) will continue to operate with partners at the municipal level.
Downloads
PI_EN_Vetropack_St-Prex_20240502.pdf (pdf)
The Vetropack production site in St-Prex. (jpg)
Vetropack will continue to recycle glass in Switzerland independant of the outcome of the consultation process. (jpg)
Contatto
Group Communications Specialist
Sabrina Oberholzer
corporate.communications@vetropack.com
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Vetropack Holding AG published this content on
02 May 2024 and is solely responsible for the information contained therein. Distributed by
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Vetropack Holding SA is a Switzerland-based holding company engaged in the manufacture of glass packaging for the food and beverage industry. The Group offers such services as the design, production and delivery of tailor-made glass, as well as consulting and support services in the area of packaging analysis, bottling, conditioning, closure technology, decorative refinement and labeling. The Vetropack Group operates seven production sites and 16 melting furnaces with a total aggregate production capacity of more than 4,000 tons per day. The Company operates collection centers at its production site in order for used glass to be brought in for recycling. The Company is active domestically and abroad, including: Austria, the Czech Republic, Slovakia, Croatia and Ukraine.