Marquard & Bahls Streamlines Hamburg Holding
As part of these measures, approximately 60 jobs will be cut at Marquard & Bahls AG. The affected employees were offered individual, socially acceptable and fair solutions. Around half of the staff reductions are being achieved through early retirement schemes, the non-filling of vacancies, and the non-renewal of temporary contracts.
The efficiency improvement we are striving for will strengthen the Group’s competitiveness and contribute to achieving our ambitious growth targets despite a more difficult market environment.
Marquard & Bahls AG is a Hamburg-based company that operates in the fields of energy supply, trading and logistics. Its core lines of business include tank storage logistics, trading, and aviation fuelling. Furthermore, the company is active in dry bulk handling, carbon trading, fuel analysis and energy services. Through its subsidiaries, Marquard & Bahls has a presence in 36 countries in Europe, America, Asia and Africa and employs more than 7,700 people. www.marquard-bahls.com