The Swiss Times - Swiss News in English

Swissprinters printing plant in Zofingen AG ceases operations for good

Updated at 09 Feb 2024 4:50 pm

The Swissprinters printing plant in Zofingen AG will cease operations as planned at the end of September. The joint subsidiary of the Ringier and NZZ media groups will lay off 96 employees.

The company announced on Friday after the end of the consultation process that it had been able to reduce the number of redundancies announced by 48 to 96, mainly through early retirement and continued employment at Ringier. A social plan will apply to all those affected.

Swissprinters announced in mid-January that it would be closing its printing plant for various Swiss magazines at the end of September. The reason given for the closure was a constant decline in order revenues coupled with difficult economic prospects for the future.

The syndicom trade union stated in a statement on Friday that it regretted and criticized the definitive closure of the plant. It had called for the business to be continued in a smaller form. The printing plant had been the heart of the Ringier Group for decades.

Swissprinters, the subsidiary of Ringier (70 percent) and NZZ (30 percent), says it will contact customers and other printers to find follow-up solutions, preferably in Switzerland.

A tender is being prepared for the Ringier and NZZ Group magazines. Printers in Switzerland and abroad will be invited. It is hoped that as many orders as possible can be placed in Switzerland.

©Keystone/SDA

Most Read

Delivery Services in Switzerland Have New Competition

22 February 2024
Delivery service
An Austrian company opens it's first online supermarket outside the country. Targeting the greater Zurich area.

Murder in Frauenfeld: Trial for the Murder of an Egyptian

22 February 2024
Murder in Frauenfeld
Two men face murder charges over the 2007 killing of a 27-year-old Egyptian, whose body was discovered submerged in Barchetsee.

Swiss Semi-Conductor Government Initiative: Will it Work?

23 February 2024
Swiss semiconductor
SwissChips Initiative represents Switzerland's strategic move to bolster its semiconductor industry amidst global competition.

Swiss CEO Vranckx Moves to the Lufthansa Executive Board

23 February 2024
Swiss CEO
Swiss CEO Dieter Vranckx moves to Lufthansa as Chief Commercial Officer, after leading Swiss through challenging times.

Stay in Touch!

Noteworthy

Swiss biotech
Swiss Biotech Firm Idorsia: Stock Soars – but Why?
26 February 2024
Decathlon
Decathlon Opens 5 more Stores in Switzerland
26 February 2024