Wepa is pushing for a leaner corporate structure and more effective production processes to secure long-term competiveness in hygiene paper markets.
Tissue and tissue products manufacturer Wepa Industrieholding SE will reduce its headcount in Germany. According to Wepa, a total of 150 out of 1,500 jobs will be cut at five of its German sites to reorganise the company in line with market requirements. Job reduction at Wepa’s German sites would be largely implemented without recourse to compulsory redundancies, the company stated.
Job cuts in Germany are said to be part of a Europe-wide optimisation program aimed at adjusting Wepa’s corporate structure and production processes to the current market situation, characterised by higher expenses for raw materials, energy and logistics. Wepa expects the cost-cutting initiatives to be implemented by the end of 2013.
Wepa is also reorganising its activities in Italy in order to reduce overcapacities: selected units of the company’s Italian subsidiary Wepa Lucca are currently offered for sale. In addition, some converting lines would be relocated from Italy to other European sites, Wepa said.
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