in Addition, the Eastern Swiss company launched a new sales organization with group leadership. The realignment of the company occurs on the 1. July 2019. Thus, the group should be more focused on the target markets, the company said on Thursday afternoon.

The distribution is made, accordingly, a new centrally under a common leadership. And the Business Units will be new product areas (cluster) “from the point of view of the synergy use of” divided.

the New Position for the group as a responsible head of Operations is created according to the figures, in addition to group-wide synergies better. The position does Stefan Breu, who joins new Bosch Packing System to Starrag.

the realignment affected at its German site in Mönchengladbach about 150 of the current 380. The employee representatives were informed and discussions initiated, it was said. The main focus of the location deck so that in the future the product range Ecospeed and the Customer Service. The product areas Dörries, Berthiez and Droop+rein are to be led out of the Bielefeld site.

According to the message is expected to lead the implementation of this programme of Measures to one-time expenses in the lower two-digit million amount. After the completion of the measures to be achieved by 2021, an annual reduction in costs of 8 to 10 million Swiss francs.

Based on the results for the year of 2018, this corresponds to an increase in the EBIT margin of 2.0 to 2.5 percent of total Revenue. The sales targets will, meanwhile, held on to, called it.

Starrag is convinced that the planned measures, the medium – term growth and earnings goals. After implementation of the program with the name “Starrag 2021” aims for the group over the economic cycle, an average revenue growth of 5 percent and an EBIT margin of 8 percent.

Starrag is majority-owned by Walter Fust, the following (tomorrow’s) General Assembly, the Bureau again.

(SDA)