Semperit extends restructuring programme

Vienna –  Semperit AG Holding has extended its restructuring programme to include its Sempertrans and Semperform business units, the Austrian group announced 24 Jan.

The move represents a new restructuring phase, following the introduction of optimisation measures in the Sempermed segment, in response to continuing financial losses.

For its Semperflex and ‘mixing’ units, the management board will focus on “accelerating the profitable implementation of the still necessary investment projects” and organic growth.

Restructuring measures will include: Optimising operational production and acquisition processes; Improving pricing and price-setting processes; Reviewing…

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