ThyssenKrupp Nirosta consolidates

ThyssenKrupp Nirosta has announced that it is to concentrate all its stainless steel service center operations in a single unit in the future. In addition to the Nirosta Service Center (NSC) based in Wilnsdorf (near Siegen), it will include EBOR Edelstahl GmbH (Sachsenheim near Stuttgart) and smb Chromstahl GmbH (Langenhagen near Hannover). They will then also operate as service centers under the name of ThyssenKrupp Nirosta. A resolution on this has now been passed by the Supervisory Board. The new structure will come into effect at the start of the new fiscal year on 1 October 2010. The reorganization will permit cost savings in particular in the administrative area. The restructuring of the service center operations will not involve workforce reductions for the locations in Wilnsdorf (98 employees), EBOR in Sachsenheim (100) and smb in Langenhagen (33).

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