Zürcher Druck + Verlag Becomes Part of NZZ Fretz
Swiss Printers is integrating Zürcher Druck + Verlag (ZDV) into its subsidiary NZZ Fretz. ZDV's location in Rotkreuz will be closed. As a result, 23 of 57 full-time positions will be eliminated by August.
Swiss Printers is integrating Zürcher Druck + Verlag (ZDV) into its subsidiary NZZ Fretz. ZDV’s location in Rotkreuz will be closed. As a result, 23 of 57 full-time positions will be eliminated by August. Swiss Printers, a subsidiary of Ringier, NZZ, and the Edipresse Group, aims to optimize the group’s structure and adapt to market conditions through this merger. «The organizational and technical conditions in Rotkreuz would have left little room for further optimization, and new investments would not have been cost-effective due to increasing competitive pressure,» the company explained in a press release. Furthermore, more than half of the business volume comes from Swiss Printers or its affiliated companies. All ZDV customers will continue to be served by the same contact persons they are familiar with.
According to a press release, a social plan is in place for employees affected by the job cuts. Twenty-eight employees will be able to continue working at NZZ Fretz in Schlieren. The six apprentices employed at ZDV will be offered the opportunity to continue their apprenticeships at Swissprinters companies. The integration of the two companies is expected to be completed by August 2008.
Ringier acquired Zürcher Druck + Verlag, a family-owned company founded in 1862, in 1991. That same year, the company moved into its new facilities in Rotkreuz.
According to a press release, a social plan is in place for employees affected by the job cuts. Twenty-eight employees will be able to continue working at NZZ Fretz in Schlieren. The six apprentices employed at ZDV will be offered the opportunity to continue their apprenticeships at Swissprinters companies. The integration of the two companies is expected to be completed by August 2008.
Ringier acquired Zürcher Druck + Verlag, a family-owned company founded in 1862, in 1991. That same year, the company moved into its new facilities in Rotkreuz.
