EQS-News

R. STAHL reaches forward-looking collective bargaining agreement with Works Council and IG Metall - Seite 2

Klaus Erker, Chairman of the Group Works Council, is also pleased with the agreement: “The conclusion of the collective bargaining agreement for the location represents an important step forward for R. STAHL. The negotiations took place under difficult conditions for everyone involved, but if the right negotiating partners work together with a willingness to be constructive, we can achieve our goals together.” The Works Council sees the additional day of vacation and the extended bonus scheme as recognition for the work of employees.

The Executive Board and management have offered to arrange for the Weimar site, which is not yet covered by a collective bargaining agreement, to be connected to the regional collective bargaining agreement for the metal and electrical industry in Thuringia.

 

About R. STAHL – www.r-stahl.com
R. STAHL is the world's leading supplier of electrical and electronic products and systems for explosion protection. These products and systems prevent explosions in hazardous areas and contribute to the safety of people, machines and the environment. The portfolio ranges from products used in switching/distributing, installing, operating/monitoring, lighting and signalling/alarming up to automation.

Typical customers are the chemical and pharmaceutical industry, the oil & gas industry - including LNG applications - as well as the food and beverage industry. Most of the R. STAHL products are also approved for use with hydrogen. According to preliminary figures, in 2023 global sales amounting to around € 330,6 million were generated by 1,721 employees. The shares of R. STAHL AG are traded on the Regulated Market/Prime Standard of Deutsche Boerse (ISIN DE000A1PHBB5).

 

Forward-looking statements
This release contains forward-looking statements based on assumptions and estimates of R. STAHL’s management. Although we assume that the expectations of these forward-looking statements are realistic, we cannot guarantee that these expectations will prove to be correct. The assumptions may involve risks and uncertainties that could cause the actual results to differ materially from the forward-looking statements. Factors that may cause such discrepancies include: changes in the macroeconomic and business environment, exchange rate and interest rate fluctuations, the roll-out of competing products, a lack of acceptance of new products or services, and changes in business strategy. R. STAHL does not plan to update these forward-looking statements nor does it accept any obligation to do so.