Nobia to Reorganise Operations

To capitalise on economies of scale, Nobia is consolidating 12 business units into nine from 1st January 2009. Group management will be expanded, effective immediately. The purpose of these changes is to strengthen the competitiveness of the brands and the profitability of the Group.

'We are preparing for continued growth, while simultaneously generating economies of scale in sales, purchasing, production and administration. We will also achieve shorter decision-making channels within the Group,' says Preben Bager, President and CEO.

The business units that are to be consolidated are Magnet and Gower in the UK region, Nobia Sweden and Nobia Norway in the Nordic region, and German company Pronorm will be merged with Austrian company EWE/FM in the Continental Europe region.

Web: http://www.nobia.com