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2006-07-28 News Headlines
Vehicles manufacturer MAN Group to invest in Munich plant MAN Nutzfahrzeuge Group, a leading manufacturer of vehicles in Europe, and all parties agree on a comprehensive package to improve the competitiveness of the Munich plant.
The Executive Board of the MAN Nutzfahrzeuge Group, the Works Council
and IG Metall (the trade union) have agreed on a comprehensive package
which will considerably improve the competitiveness of the Munich plant
in the coming years. The package focuses on structural improvements and
investments of € 190 million up to 2012 aimed at improving productivity
and on a new arrangement for working hours. Both components together will
result in annual savings of up to € 50 million. The agreement comes
into force on 1st October 2006. The investments will systematically improve productivity at the Munich
plant from 2007 onwards: highly efficient logistics processes in production
will lead to minimised throughput times and idle times and to maximum
flexibility in production sequences. Modernisation will also entail new
buildings and conversion of existing ones as well as investments in new
machinery. As a result productivity will rise by some € 26 million
per year. In addition MAN will be expanding The plan of action agreed with the trade union and the Works Council envisages longer working hours for employees; this will amount to one to two hours per week, depending on the field of activity. Some of this will be contributed by the employees as free time used for further training. As a result up to € 24 million will be saved per year. Together with the improvements in productivity resulting from the investments the total saving will amount to about € 50 million per year. During the term of the agreement there will be no dismissals due to operational requirements. The agreement relates solely to the Munich plant and takes into account
the structures that have grown there over the years. These will be systematically
modernised by the planned investments. "With the measures we have
agreed we are raising the Munich plant to a completely new level of productivity
and thereby decisively improving the competitiveness of the Munich location,"
explained Anton Weinmann, Chairman of the Executive Board of the MAN Nutzfahrzeuge
Group. He went on to say that this is a further major step in achieving
the envisaged structural savings in the Group.
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