Valora Holding AG

Valora to reorganise Melisa SA

@@start.t1@@--------------------------------------------------------------------------------   ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for   the content of this announcement. --------------------------------------------------------------------------------@@end@@

companies/Reorganisation Melisa SA

Muttenz (euro adhoc) - As part of its strategy programme, Valora is making structural adjustments to its operations in the Italian-speaking part of Switzerland and adapting them to evolving market conditions.

- Melisa SA´s press wholesaling operations, hitherto based in the Ticino, will be centralised at the Valora group´s Muttenz facility. - The Melisa bookshops in Lugano, Locarno and Grancia will be maintained. In line with the group´s new organisational structure, these outlets will be incorporated into the Valora Retail division. - The logistics functions at the Bedano railhead will be maintained and will be incorporated into Valora Logistics. - Melisa´s book wholesaling operations will be continued for the foreseeable future. The scope for co-operative ventures in this area is being investigated.

While Valora intends to maintain its operations in the Ticino, a number of organisational and staffing changes are essential. The number of jobs at the Bedano facility will be reduced by 22 by the end of October 2009. Every effort will be made to ease the burden on those affected, all of whom will receive individual advice and support.

These measures are aimed at maintaining Valora Media´s competitiveness and strengthening its position in the increasingly challenging press and book markets.

Melisa SA - Established in 1939 to supply books to Italian war refugees - Melisa, which is based in Bedano in the canton of Ticino, became part of Valora in 1999. - Total employees: 74 Activity areas: - Wholesaling, import and distribution of press and books (through 340 sales outlets, plus a subscription service) - Book retailing (through 3 bookshops).

@@start.t2@@end of announcement                                                 euro adhoc

ots Originaltext: Valora Holding AG
Im Internet recherchierbar:

Further inquiry note:
Investor Relations: Phone: +41 58 789 12 20
Mladen Tomic             E-mail:


Media Relations: Phone: +41 58 789 12 01
Stefania Misteli E-mail:

Branche: Retail
ISIN:      CH0002088976
WKN:        208897
Börsen:  SWX Swiss Exchange / official market
              BX Berne eXchange / official dealing

Weitere Meldungen: Valora Holding AG

Das könnte Sie auch interessieren: