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2009-08-14

Simona considers closure of Würdinghausen production plant

Simona AG (www.simona.de) is considering closing its Würdinghausen production facility due to significant losses incurred by the plant. The decision will affect 84 members of staff responsible for producing pressed sheets, profiles and finished parts at the facility, mainly for customers operating within the mechanical engineering and transport systems sector. The product range manufactured at the company´s plant in Würdinghausen is to be integrated into other existing Simona sites. The plans are to be implemented in a manner that is as socially acceptable as possible. The company´s management is currently in negotiations with the works council and the trade union concerning a reconciliation of interests and for the purpose of drawing up a redundancy and retraining plan.

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About Simona
Simona AG is a manufacturer of thermoplastic products with production facilities and sales offices around the globe. The company´s product portfolio includes semifinished products (sheets, profiles, welding rods), pipes and fittings as well as finished parts. Employing more than 1,200 people worldwide, the Group generated revenue in excess of EUR 300 million. In total, 35,000 products for a diverse range of applications are manufactured at facilities in Germany and abroad. Annual production exceeds 100,000 tonnes. Simona AG is a stock corporation listed in the General Standard. The company´s registered office is in Kirn, Rhineland-Palatinate (Germany).

Simona AG, Kirn, Germany

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