Negotiations at Deutsche Edelstahlwerke with works council and IGM successfully concluded

July 10, 2023, Witten: Negotiations at Deutsche Edelstahlwerke with works council and IGM successfully concluded

The "Future DEW 2025" program is intended to put Deutsche Edelstahlwerke, a subsidiary of the international Swiss Steel Group, which has been economically unsuccessful for many years, back on the road to success. This required some changes to the existing collective and company agreements. The parties to the collective agreement negotiated these within the framework of co-determination in recent weeks, after a detailed analysis of the company's business and production situation had been completed. The negotiations were characterized on all sides by the constructive spirit of focusing on preserving jobs and helping to shape DEW's future. Under this premise, a compromise was found which was acceptable to all sides and which still has to be confirmed by the respective boards. The parties agreed not to disclose details. DEW is one of the few steel producers already able to produce and supply green steel. Within the Group it is one of the European market leaders. This is one of the major opportunities for the streamlined DEW in the future.

 

About Swiss Steel Group
The Swiss Steel Group today is one of the world’s leading providers of individual solutions in the special long steel products sector. The Group is one of the leading manufacturers of tool steel and non-corrosive long steel on the global market and one of the largest companies in Europe for alloyed and high-alloyed constructional steel. With close to 10,000 employees and in-house production and distribution companies in over 30 countries and on 5 continents, the company guarantees its customers a global supply and customer service, and offers them a complete production portfolio as well as sales and services around the world. 

 

Contact:

Anina Berger
Vice President Corporate Marketing and Communication

Steeltec AG  
c/o Swiss Steel Holding AG
Landenbergstrasse 11
CH-6005 Lucerne
Tel: +41 (0) 41 581 4121
communications(at)swisssteelgroup.com

 

Helmut Freiherr von Fircks
Communications

Steeltec AG
c/o Swiss Steel Holding AG 
Landenbergstrasse 11
CH 6005 Lucerne
M: +41 795484895
M: +49 172 296 2222
h.freiherrvonfircks(at)ext.swisssteelgroup.com