Glass manufacturer Vetropack will make a decision on whether to close its St-Prex, Switzerland manufacturing site shortly.
A consultation period with employees closed last week and the container glass producer is now evaluating the answers.
Once examined, management will make a decision on the future of the site.
The glass packager launched a consultation on March 7 over the future of the site. Analyses had shown negative competitiveness and development opportunities for the site.
This situation could lead to its closure before the end of this year, resulting in the loss of a large number of jobs at the site.
It is the aim of the consultation process to evaluate the options for avoiding or limiting the number of redundancies or mitigating the consequences.
“By initiating the consultation process, the Board of Directors has cleared the way for once again examining all options for the site before the final decision is made,” explains Johann Reiter, CEO of the Vetropack Group.
“As Management Board, we have supported this process to the best of our ability over the past few weeks and answered all enquiries from employees promptly and as transparently as possible.”
As per the procedure, the employee representatives submitted their proposals for the future development of the site to the Group Management Board on April 30.
The proposals will now be evaluated with regard to their viability – a step that is expected to take until mid-May.
Regardless of the outcome of the consultation process, Vetropack said its company headquarters will remain in Bülach, Switzerland and its glass recycling business Vetrorecycling will continue to operate with partners at the municipal level.
