Shock for St. Pölten: Printing closes - what does that mean for the jobs?

Shock for St. Pölten: Printing closes - what does that mean for the jobs?

A dramatic turn in the printing industry: The Walstead Leykam Group has announced the closure of its location in St. Pölten. The reason is fundamental changes in the European printing landscape, such as rising costs and the associated economic difficulties that endanger profitability. "The decision was made after a thorough analysis of the current market situation and a careful examination of all available options," said the company. The discussions with the employee representatives also focus on a social plan for the employees concerned. This is another hard blow for the location, which was only taken over by NP print in 2018, as noe.orf.at reported.

Walstead Leykam Druck is known as one of the leading manufacturers in the role -offset pressure in Europe and is one of the top 3 in the industry. In Austria, the Czech Republic and Slovenia, the company is the market leader, while it is also active in Germany and other countries. In 2023, the Walstead Leykam Group generated sales of around 350 million euros and employed around 2,000 people. The decision to close is not to be considered isolated, but part of a comprehensive restructuring process in order to ensure the market position in an increasingly competitive environment. The company's headquarters are located in Neudörfl, and the pressure locations extend over several countries, also in Slovenia and the Czech Republic, which underlines the strategic importance of Walstead, as walstead-leykam printing.com emphasized.