Corporate | 18 February 2011 13:23
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Francotyp-Postalia Holding AG / Key word(s): Miscellaneous/Restructure of Company
Francotyp Postalia builds new production site at Wittenberge in Brandenburg Birkenwerder, 18 February 2011. Over the next few months, the Francotyp-Postalia Group – the full service provider for mail communications – is to build a new, state-of-the-art production line for the new Phoenix franking system in the Brandenburg town of Wittenberge. The company had held many talks over previous months about the need to build a new production line in Birkenwerder. 'The realignment of production is a central measure for sustainably safeguarding the future of the entire FP Group, which employs over 1,000 people worldwide,' says Hans Szymanski, Chairman of the Management Board of Francotyp-Postalia Holding AG. Following the unsuccessful conclusion of negotiations, a choice of several new production locations was available. 'We chose Wittenberge as the site for our new production line. This means that our company will continue production activities in Brandenburg and guarantee high quality for the global market,' says Szymanski. The mail communications specialist is looking to employ up to 50 people at the new location in the next few years. In view of the impending measures, the production line in Birkenwerder is due to close by the end of the first quarter of 2012 at the latest. The necessary measures are intended for production only; the company's headquarters will remain in Birkenwerder. Contact
Francotyp-Postalia Holding AG
The FP Group in Brief Francotyp-Postalia Holding AG is a worldwide full service provider for mail communications. The FP Group's range of products and services includes franking and inserting machines, the direct collection of business mail to hybrid-mail and full digital mail soltions for private and commercial users. Headquartered in Birkenwerder near Berlin, the Group's wide product spectrum enables it to provide tailored mail management services. With a corporate history that goes back over 85 years and local branches in many industrialised countries, the FP Group currently holds around 10% of the worldwide franking machine market. Today it is profiting in all its segments from the increasing liberalisation of mail markets and the trend for businesses to outsource their outbound mail processes to professional service providers. Total revenue in financial 2009 came to 129 million euros. Worldwide, the Group employs over 1,000 people. End of Corporate News 18.02.2011 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
| Language: | English | |
| Company: | Francotyp-Postalia Holding AG | |
| Triftweg 21-26 | ||
| 16547 Birkenwerder | ||
| Deutschland | ||
| Phone: | +49 (0)3303 525 777 | |
| Fax: | +49 (0)3303 53 70 77 77 | |
| E-mail: | ir@francotyp.com | |
| Internet: | www.francotyp.com | |
| ISIN: | DE000FPH9000 | |
| WKN: | FPH900 | |
| Listed: | Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, München, Stuttgart | |
| End of News | DGAP News-Service |
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| 112738 18.02.2011 |