Press release: “We are looking the storm in the eye and in every situation we are trying to do the best for the future of our company.”

The Corona crisis hit SPN in recovery

Now the consequences of the "Covid 19" pandemic have also hit the traditional company SPN Schwaben Präzision in Nördlingen. Due to the short and long term effects of the crisis, SPN must drastically reduce personnel costs. For this reason, SPN and the IG Metall trade union have agreed an in-house collective agreement that will ensure the competitiveness of SPN in the long term.

From as early as the third quarter of 2019, cyclically induced declines in orders, particularly in the automotive and textile industries, clouded the generally successful 2019 financial year: As a result, SPN Schwaben Präzision had to announce reduced working hours in most areas of work as early as January 2020.

Read the full press release here.

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