Release Date: 01 October 2007
Release ID: 1032
The GEFCO Group plans to implement a strategic reorientation of its activities in Germany.
This strategic reorientation has been made following persistent high losses in the national groupage activity in Germany. GEFCO Germany is not sufficiently large for it to exploit successfully this activity. Christian Zbylut, Chief Executive Officer of GEFCO Germany and member of the Senior Management Board of the GEFCO Group, states: “We need a solid basis to succeed and ensure our growth. We do not possess this basis on the national German market, but we do have it on an international scale. Therefore we will concentrate on this activity”.
Exit from national groupage activities in Germany
GEFCO plans to end its national groupage activities in Germany as from 30th November.
Some sites should be sold as part of this reorientation. Talks have begun with concerned parties, with decisions due to be made in early October. GEFCO is also holding discussions with its customers. Decisions on current and future cooperation agreements are also scheduled for early October. Negotiations are underway between employer and employees on workforce reduction as part of a social plan.
Strengthening of international activities and increased commitment toward industrial customers
The international activities of GEFCO Germany will be further developed. GEFCO also plans to offer the know-how that it has developed from the automobile industry to other industrial customers. Targeted investments will enable this plan to become a reality, an approach supported by the Group’s headquarters in Paris.
Christian Zbylut states: “We will be giving GEFCO Germany a fresh start. We intend to develop and succeed in the future. GEFCO Germany should better profit from its integration into the GEFCO Group network and consolidate its positioning as a major logistics partner accompanying industrial customers and contributing to their international development.”
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