EANS-Adhoc: Austrian Post Negotiates with the Austrian Government the Basis for Transferring Civil Servants to the Police Force
-------------------------------------------------------------------------------- ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------------
Company Information
13.11.2009
On November 12, 2009, the Supervisory Board of Austrian Post approved the potential transfer of civil servants working for Austrian Post whose jobs have been lost or are threatened to the federal government. At the presnt time, the basis is being established to enable civil servants to voluntarily transfer to the Austrian Ministry of Internal Affairs in the years to come.
"This solution is a significant step in the right direction. We will have the opportunity to give civil servants losing their jobs at Austrian Post new perspectives for the future. Austrian Post requires a decreasing number of employees due to the ongoing reduction in mail volumes. On the basis of this solution, we will be able to more effectively deal with the current structural change", says Austrian Post CEO Georg Pölzl. "Socially compatible job cuts cost money, but they represent a good investment in the future, and serve to sustainably improve our cost structure", he adds.
end of announcement euro adhoc --------------------------------------------------------------------------------
Further inquiry note:
Austrian Post
Head of Investor Relations
Harald Hagenauer
Tel.: +43 57767-30400
harald.hagenauer@post.at
Head of Group Communication
Manuela Bruck
Tel.: +43 577 67-21897
manuela.bruck@post.at
Press Spokesman
Michael Homola
Tel.: +43 577 67-32010
michael.homola@post.at
Branche: Transport
ISIN: AT0000APOST4
WKN: A0JML5
Index: ATX Prime, ATX
Börsen: Wien / stock market
Original content of: Österreichische Post AG, transmitted by news aktuell