Kyro Oyj Abp: Glaston Technologies Company Bavelloni Launches Efficiency Program

Glass pre-processing machinery manufacturer Z. Bavelloni S.p.A, part of Kyro Group's main business area Glaston Technologies, starts an efficiency program in its Italian organization in September.

The program's objective is to improve Bavelloni´s profitability to enable future growth according to the company's strategy.Bavelloni is the global market leader in glass pre-processing machinery, with manufacturing also in new, growing markets Brazil and China.

The changes carried out now are part of the strategy, according to which Bavelloni develops and strengthens the Italian manufacturing of large, high- technology pre-processing machines as well as integrated line combinations with Tamglass safety glass machines. Simultaneously, the program supports further development of an important sector for Bavelloni, furniture glass pre-processing machinery.

Tamglass and Bavelloni, offering a One-Stop-Partner concept, provide an exceptional product range and joint service especially for processors of architectural glass. These solutions are of great significance in the growing architectural glass industry. Bavelloni´s strategy is to succeed with Tamglass on these demanding markets by offering the most advanced technology in the industry.

The main points of the efficiency program are streamlining internal processes and the product range as well as reducing costs, such as human resource costs. As part of this, Bavelloni has started negotiations with related Italian trade unions.

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600450 Kyro Oyj Abp: Glaston Technologies Company Bavelloni Launches Efficiency Program
Date: 31 July 2006

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