Rheintal and Flawil printing company found subsidiary
The publishers of the daily newspapers Der Rheintaler, Rheintalische Volkszeitung and Wiler Zeitung are founding a joint subsidiary. The aim is to strengthen the printing and publishing business and to expand the online business.
The operational business units printing, specialist publishing and online will be merged, Rheintaler Druckerei und Verlag AG (RDV) and Druckerei Flawil AG (dfmedia) wrote in a joint communiqué on Thursday. The newspaper editorial offices will remain at the parent companies. The consolidation of the printing and finishing machines at one location is necessary in order to remain competitive in the long term. Individual jobs will be lost in the short term. However, the reduction will be achieved through natural fluctuations and early retirements, the press release continues. In the long term, the new company, which employs 250 people, intends to create new jobs. The online business in particular will be expanded and repositioned on the market. (SDA)
