Agfa considers to reorganize the production capacity for its computed radiography equipment

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Agfa considers to reorganize the production capacity for its computed radiography equipment

Press releases may be edited for formatting or style | November 06, 2020 Business Affairs X-Ray
Agfa today announced that it considers to reorganize the activities of its Computed Radiography equipment factories in Peissenberg and Peiting (Germany). These plans aim to improve Agfa’s competitiveness in the declining Computed Radiography market.

Driven by the technology change from Computed Radiography (CR) to Direct Radiography (DR), which recently accelerated due to the COVID-19 pandemic, Agfa faces a significant decline in demand in a decreasing and price sensitive CR market.

After having studied several options to sustainably optimize its production activities, Agfa now considers to increase the component sourcing in Asia, move assembling activities to its Wuxi plant in China, reorganize the production activities in Peissenberg and close down the site in Peiting by the end of 2022. This would impact a significant number of jobs at both sites. Furthermore, Agfa considers to consolidate all spare parts logistic activities in one central warehouse.

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These actions are absolutely necessary to maintain Agfa’s current market presence. Agfa’s management is well aware that such announcement brings a lot of emotions and will do its utmost to mitigate the impact on the employees.

Such reorganization will be studied in line with the local legal procedures and in close cooperation with the local works council representatives.

About Agfa
The Agfa-Gevaert Group is a leading company in imaging technology and IT solutions with over 150 years of experience. The Group holds four divisions: Radiology Solutions, HealthCare IT, Digital Print & Chemicals and Offset Solutions. They develop, manufacture and market analogue and digital systems for the healthcare sector, for specific industrial applications and for the printing industry. In 2019, the Group realized a turnover of 2,239 million Euro.

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