A. Schulman move European shared service centre Poland

A. Schulman to move European shared service centre to Poland

7:23 AM, 5th May 2015
A. Schulman to move European shared service centre to Poland

AKRON, US: A. Schulman Inc said it plans to move its Europe, Middle East and Africa (EMEA) shared service centre to Poznan, Poland from Londerzeel, Belgium, a phased relocation to be completed by May 2016. The relocation cost is anticipated to be approximately €7 million over the next 12 months and is expected to generate annual savings of about €5 million by fiscal 2017, when fully implemented, it said.

“The decision to relocate our shared service centre is in line with our ongoing cost control initiatives and our strategy to prudently and proactively manage the business by better balancing market trends and macroeconomic conditions,” said Heinrich Lingnau, vice president and general manager, EMEA, A. Schulman.

“Our operations in Poland are strong and growing. This action will not only benefit the region but will help to further develop our team in the country and leverage our previous success,” stated Isabel Casimiro, finance director, EMEA, A. Schulman.

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