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Heidelberger Druckmaschinen AG Kurfürsten-Anlage 52-60 69115 Heidelberg, Germany http://www.heidelberg.com
Contact Mr Thomas Fichtl +49 6221 925900
Company logo of Heidelberger Druckmaschinen AG
Heidelberger Druckmaschinen AG

Heidelberg strengthens balance sheet by reorganizing company pension scheme

(PresseBox) (Heidelberg, )
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- Low-interest environment inflating balance-sheet pension obligations
- New pension model provides balance-sheet relief
- Non-recurring increase in operating result (EBITDA) of around €50 million for current financial year

The management and employee representatives of Heidelberger Druckmaschinen AG (Heidelberg) today reached agreement on reorganizing the company pension scheme. In the future, the final salary pension will be replaced by a contribution-based capital commitment.

The associated effect allows a balance-sheet relief of some €100 million. This step is also a response to steadily falling interest rates due to the continuing low-interest policy in the eurozone, which could lead to further increases in
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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.