BRIEF

on R. Stahl AG (isin : DE000A1PHBB5)

R. STAHL Secures Future with New Collective Bargaining Agreement

R. STAHL has announced a significant collective bargaining agreement with its Works Council and IG Metall in Baden-Württemberg, guaranteeing job security and a 37-hour work week at its primary location in Waldenburg until the end of 2030. This deal, effective retroactively from January 2024, encompasses R. STAHL AG, R. STAHL Schaltgeräte GmbH, and R. STAHL Services GmbH. It introduces a more flexible working hours scheme for downturns and includes investment commitments for production enhancements.

Key aspects of the agreement also involve an additional vacation day and an expansion of the bonus scheme, now triggered at a 3% EBT yield. CEO Dr. Mathias Hallmann emphasizes the agreement’s role in providing planning security and enhancing competitiveness in the skilled labor market. The agreement showcases a commitment to the Waldenburg location and the Group’s strategy for future success.

Group Works Council Chairman Klaus Erker highlighted the constructive negotiation process and the agreement's significance for employee recognition. Additionally, efforts to include the Weimar site under a collective bargaining agreement for the Thuringia metal and electrical industry were mentioned, reflecting a comprehensive approach to employee welfare and business sustainability.

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