(IN BRIEF) Schaeffler AG is expanding its partial retirement offer in Germany after seeing strong interest from employees. The programme includes flexible block models with active and passive work phases, ranging from two years to eight years, depending on location … Read the full press release
Posted in Automotive, Business, Financial, Germany, Industrial, Management
Tagged 1, 20 percent employee acceptance, 300 employees, active work phase, block model, Board of Managing Directors, competitiveness, cooperative labour relations, cost structures, direct employees, Dr. Astrid Fontaine, employee interest, Employee Representatives, employees born up to 1971, financial impact 2027, flexible retirement models, forward-looking statements, German locations, Germany, Group Works Council, Herzogenaurach, human resources management, indirect employees, November 2024 measures, partial retirement, partial retirement arrangements, passive work phase, responsible HR management, retirement transition, Schaeffler, Schaeffler AG, Schaeffler AG Broadens Partial Retirement Arrangements to Support Workforce Transition, Schaeffler AG Expands Partial Retirement Programme for Employees in Germany, Schaeffler Responds to Strong Employee Interest With Additional Partial Retirement Offer, special item 2026, structural measures, workforce age structure, Workforce Transition, €51 million one-off expense
(IN BRIEF) Mutares has sold Walor Precision Turning to Reed Capital, an independent investment firm based in Paris and London. Walor Precision Turning is a supplier of high-precision turned metal components for automotive passive safety systems, especially seatbelt pretensioners and … Read the full press release
Posted in Automotive, Business, Electronics & Machinery, Financial, France, Germany, Industrial, Investment, Metals and Minerals, Romania, Security & Safety, United Kingdom
Tagged 2025 revenues, 400 employees, airbag inflators, automotive components, automotive passive safety systems, commercial organisation, company sale, cost structures, datacenter solutions, Europe, FerrAl United, financial repositioning, France, high-precision turned metal components, international footprint, investment firm, Irapuato, Legé, London, metal components, Mexico, Munich, Mutares, Mutares Realises Automotive Portfolio Value With Sale of Walor Precision Turning, Mutares SE & Co. KGaA, North America, operational repositioning, Paris, portfolio company, production efficiency, Reed Capital, Reed Capital Acquires Walor Precision Turning From Mutares, Romania, seatbelt pretensioners, semi-active suspensions, Sfântu Gheorghe, value creation, Walor Group, Walor International, Walor Precision Turning, Walor Precision Turning Moves to Reed Capital After Mutares-Led Repositioning, €55 million revenue
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