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Agreement regarding the Treuchtlingen site

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Note: Representatives from the KraussMaffei Group, IG Metall and the works council have agreed to cancel the planned closure o
Representatives from the KraussMaffei Group, IG metall and the works council have agreed to cancel the planned closure of the Treuchtlingen site.

Conclusion of a supplementary collective agreement
"As part of constructive and objective negotiations, all parties have also agreed that there will be no redundancies for operational reasons until December 31, 2015," says Jan Siebert, CEO of the KraussMaffei Group.
Furthermore, to increase the international competitiveness of the KraussMaffei Group, it has been agreed that employees will work 38 hours per week between January and September 2014, and 37 hours per week between October 2014 and December 2015, without any wage compensation.

 
 
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