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Balance of interests and social plan agreed for Griesheim location

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Balance of interests and social plan agreed for Griesheim location

Wiesbaden / Griesheim, March 17, 2016. SGL Group has agreed on a balance of interests and a social plan with the responsible works council for the Griesheim production site near Frankfurt (a.M.). Accordingly, the employees will be given the opportunity along with a severance pay agreement to relocate to a transfer company as of May 1, 2016, where they can remain for up to twelve months. The transfer company will support them in acquiring further qualifications and finding a new professional future. A total of 150 employees are engaged in Griesheim.

“I'm happy that it was possible to work out a solution jointly with the employee representatives within only a few weeks,” says Birgit Reiter, Head of Human Resources of SGL Group. “Following very constructive talks, a package of measures is now available that works for both sides in order to absorb the impacts of the closure for the affected employees as well as possible.”

The Griesheim operations, in line with all related functions, will be closed at the end of the year. Production will already be shut down by April 30, 2016. This decision was taken in response to the ongoing difficult market situation for graphite electrodes produced in Griesheim. The location has been impacted by inadequate capacity utilization and high cost structure for years. Against this backdrop, the company had already introduced short-time work at the site three years ago.


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