Existing customers will continue to be supplied with high-quality foam products and solutions from the NEVEON network as usual
is to close its loss-making German production sites in Ebersbach and Burkhardtsdorf and its administrative site in Wiesbaden. Due to the increasingly challenging international market environment and a severely weakening furniture
construction and heating industries in Germany and Europe
the previously mentioned locations are no longer competitive despite intensive efforts and comprehensive restructuring measures
The plan is to complete all closures by mid-2026
with the exact timing varying per location and being negotiated with employee representatives. 
NEVEON will consolidate its network of locations and continue to supply customers with high-quality foam products and solutions from existing locations in the NEVEON production network as usual
Social plan being negotiated with employee representatives
Around 240 employees are affected by the closure; they were informed of the decision today
In order to provide the best possible support to those affected in this difficult situation, a comprehensive social plan is being drawn up together with the employee representatives. 
"In view of the increasingly challenging international market environment and the massive slump in the markets
we have unfortunately not succeeded in bringing the loss-making German sites out of the economic red despite comprehensive restructuring measures
After careful consideration and with a heavy heart
we have decided to react to the difficult market conditions and close the sites in the interests of the company as a whole," says Jürgen Kleinrath
adding: "We deeply regret this step with regard to the colleagues affected and will offer the best possible support
Together with the employee representatives
we will negotiate a comprehensive social plan."
NEVEON is a leading integrated foam company for flexible and composite polyurethane foams
Its core business is the production of around 300 different standard and specialty foams and processing them to make semi-finished or finished products for your everyday comfort
the mobility sector and a wide range of specialist applications
and its goal is to help enhance the quality of life around the world with its products. In fiscal 2023
NEVEON generated revenue of EUR 641 million and employed around 2,800 people at 55 locations in 14 countries
Please enable JS and disable any ad blocker