Gränges is a global leader in aluminium rolling and recycling in selected niches. We’re committed to creating circular and sustainable aluminium solutions in partnership with our customers and suppliers - for a better future.
Gränges is a global leader in aluminium rolling and recycling. We help customers grow and transition to climate neutrality. Our products enable efficient climate control in transportation and buildings, electrification and battery components, recyclable packaging, and more.
Gränges Endure is our product brand for aluminium solutions that combine the highest technical and sustainability performance.
Gränges’ ambition is to create circular and sustainable aluminium solutions for a better future. Sustainability, alongside people and safety, is a key driver of the company’s long-term competitiveness and value creation. These elements are at the core of Gränges’ business and strategy, emphasizing their central role in differentiating the company within the industry.
Investor Relations Director
Anna Hedenberg
anna.hedenberg@granges.com +46 76 869 96 48
Working at Gränges means being surrounded by proud, talented and motivated colleagues – in a safe work environment. Our success is based on extensive industrial craftsmanship and highly employees.
Today 3,500 employees make up Gränges Group in three regions: Americas, Asia and Europe. Gränges is a global company with local presence. Are you joining the team?
Here we have brought together our press releases, financial reports and images. Gränges aims to provide open and clear information disclosure. You are very welcome to contact us if you have questions.
VP Communication & Investor Relations
Sara Lander Hyléen
sara.hyleen@granges.com +46 709 16 16 41
Organisational changes have been decided on in Sweden as the next step in Gränges’ work on operational efficiency. The aim is to take greater advantage of the Group’s technical competence through increased focus on strategic research and customer-related technical development and also to ensure more efficient management of metal purchasing and distribution. In conjunction with the reorganisation, personnel reductions will be made that will affect up to 35 positions in Sweden, primarily in administrative functions.
“We must become sharper. We have a growth strategy and to be able to grow the business in a global market, we must ensure that we are competitive in all areas,” says Gränges’ CEO Johan Menckel.
“Our business control will now be clearer and we can take greater advantage of our internal competencies. Through increased focus on customer-related technical development, we strengthen our customer offering, while our strategic research will be a priority area. We will be better adapted to our market and our customers,” says CEO Johan Menckel.
It is estimated that the measures decided on will entail costs totalling approximately SEK 15 million during the third quarter of 2015.
The change in the organisation will give Gränges’ research and development a clearer focus. The Group’s strategic research will be coordinated globally, while other research and development projects will be more integrated in the business and can be conducted closer to customers.
Negotiations have been begun with union representatives regarding the change and it is estimated that all employees affected will have been informed by the end of November 2015 at the latest.
At 30 June 2015 Gränges had 452 employees in Sweden, 431 of whom in Finspång.
For further information, please contact:Pernilla Grennfelt, Director Communications and IR of Grängespernilla.grennfelt@granges.com, tel: +46 702 90 99 55
About Gränges Gränges is a leading global supplier of rolled products for producers of brazed aluminium heat exchangers. The Company develops, produces and markets highly advanced materials that enhance both the production economy of the customer manufacturing process as well as the performance of the final product, the brazed heat exchanger. Gränges has its headquarters in Stockholm, Sweden and operates in three geographical regions: Europe, Asia and the Americas. The Company operates production, research and development facilities in Finspång and Shanghai with total annual capacity of approximately 220,000 metric tonnes. The Company was originally founded in 1896, and the current operation was started in 1972 when the Company started to develop brazed heat exchanger material. Gränges has approximately 950 employees, and in 2014 the Company had net sales of SEK 4,748 million. For more information about Gränges, please visit granges.com.
The information in this press release is such that Gränges must disclose pursuant to the Swedish Securities Market Act and/or the Swedish Financial Instruments Trading Act. The information was submitted for publication on Thursday 10 September 2015 at 08.30 CET.
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