For the Zurich plant, which currently employs 74 people, the takeover of business activities and employees by a renowned company in the graphic arts industry is planned, the company wrote in a statement on Wednesday. The closure of the St. Gallen facility, which currently employs 173 people, is under consideration. The intention is to cease production in Zurich and St. Gallen by June 30, 2012 at the latest.
The Eidenbenz Calendar business unit is expected to be taken over by Calendaria on January 1, 2012. It is also planned to adapt the entire management organization, prepress and sales in German-speaking Switzerland to the future size and orientation of the company. The Lausanne site in western Switzerland is to continue unchanged. Any measures are subject to legal participation and will in any case take place in compliance with the rules of social partnership, the company adds.
The reason for the planned redimensioning is the increasing volume decline in the print sector and the low profit margins in the small and medium run segment. The situation is made more difficult by the continuing strength of the Swiss franc and the associated migration of print jobs to other European countries, he added. "Even with consistent cost savings in recent years, we have not been able to sustainably influence the negative earnings development of our company. We cannot avoid taking more far-reaching measures in the near future," said Alfred Wälti, Chairman of the Swissprinters Management Board. "We are facing a serious decision. Nevertheless, we see potential for the future of the company in the consistent focus on profitable volume business with upstream and downstream services," says Chairman of the Board Martin Werfeli.
The Swissprinters Group was formed in 2005 from the merger of all the non-newspaper printing operations of Ringier and NZZ Group. In 2006, the western Swiss media group Edipresse joined the group as a shareholder. The Zurich site produces in sheetfed offset and digital printing processes and is the market leader in the realization of annual reports. The Swissprinters site in St. Gallen prints magazines, catalogs and brochures using web and sheetfed offset processes.