Siegfried outsources support functions
Siegfried Holding AG (SIX: SFZN) signed a cooperation agreement with two companies concerning the supply of support functions. In the future, Bilfinger Berger Industrial Services Swiss AG will provide maintenance, part of the engineering and security services and run the Siegfried HAZMAT Training Center.
- (1888PressRelease) August 03, 2010 - ZOFINGEN, Switzerland - All issues concerning utility supply and waste disposal will be handled by IHKW Industrieheizkraftwerk Zofingen AG, a subsidiary of GWE Gesellschaft für wirtschaftliche Energieversorgung mbH located in Freiburg, Germany.
The agreement with Bilfinger Berger commences on August 1, 2010 and that with IHKW on September 1, 2010. In total, 56 Siegfried members of staff will change employer. Siegfried negotiated with the new employers two years’ job security and protection of vested rights for a period of three years for its former employees.
CEO Dr. Rudolf Hanko: “Both Siegfried and its customers will continue to benefit from first-class service, however, at lower cost, due to the commitment of two professional providers in the field of maintenance and utility. The agreement has brought about a win-win situation for Siegfried, its members of staff changing employer, and the new partners.”
For further information:
Peter A. Gehler, Head Corporate Center Siegfried Group
Tel. +41 (0)62 746 11 44, Fax +41 (0)62 746 11 03
Mobile +41 79 416 41 16
Peter.gehler ( @ ) siegfried dot ch
Siegfried Holding AG
Untere Brühlstrasse 4
CH - 4800 Zofingen
Phone + 41 62 746 11 11
Fax + 41 62 746 11 04
www.siegfried.ch
About Siegfried
Active in Life Science markets, the Siegfried Group is a global manufacturer of pharmaceutical products with production facilities located in Switzerland, Germany, Malta and the USA, Siegfried currently has approximately 850 employees and achieved annual sales of approx. CHF 283 million in 2009.
Siegfried is active in both the primary and secondary production of drugs. The company develops and manufactures active pharmaceutical ingredients for the research-based pharmaceutical industry as well as the corresponding intermediate steps and standard products, and provides development and production services for drugs in finished dosage forms.
Siegfried Holding AG is listed on the Swiss Exchange in Zurich (SWX: SFZN).
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