Weaving
Getzner Textil considers closure of Swiss weaving mill Russikon
Quality is perfect
The 55 employees of the Russikon weaving mill produce high-quality fabrics. However, compared to its international competitors, the Swiss weaving mill has a much higher cost structure, and the strong Swiss Franc poses an additional disadvantage. In consequence, the Swiss textile company is no longer able to compete in the international market, despite its production efficiency and the good quality of its products, and the future of the Swiss production site is therefore being questioned.
Employees involved
Today, the employees were informed in person about the intended closure. At the same time, the consultation process, a legal requirement that permits the employees to become actively involved before the final decision, has been initiated. As the owner, Getzner Textil AG has already reassured them that it will voluntarily come up with a redundancy scheme in the event of the closure of the company.