Akzo Nobel to relocate headquarters to Amsterdam; new building planned.Akzo Nobel Akzo Nobel is a multinational company, active in the fields of healthcare products, coatings and chemicals. Headquartered in Amsterdam, the Netherlands, the company has activities in more than 80 countries, and employs approximately 62,000 people. , Arnhem, the Netherlands, has announced plans to move its corporate headquarters from Arnhem to the capital of the Netherlands, Amsterdam. The relocation RELOCATION, Scotch law, contracts. To let again to renew a lease, is called a relocation. 2. When a tenant holds over after the expiration of his lease, with the consent of his landlord, this will amount to a relocation. is expected to take place in July of this year. Approximately 100 Akzo Nobel employees will be part of the headquarters move. The company will retain about 800 employees in Arnhem, including 400 that work for the corporate organization and another 400 who are not part of the corporate set-up, including personnel from the company's Technology & Engineering and Research Center. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Akzo Nobel's chairman, Hans Wijers Gerardus Johannes (Hans) Wijers (born November 11, 1951) is the current CEO of Akzo Nobel. From 1994 until 1998 he was a minister of Economic Affairs of the Netherlands. Wijers studied Economy at the Rijksuniversiteit Groningen, where he graduated in 1976. , the company is relocating to the Dutch capital because it will improve international accessibility to the corporate headquarters. "We must be closer to the international community in which we operate, because proximity to our key stakeholders Stakeholders All parties that have an interest, financial or otherwise, in a firm-stockholders, creditors, bondholders, employees, customers, management, the community, and the government. is crucial. We are a global company, so it is only right that the Board of Management is based in a center of international commerce," he states. The Board of Management and a number of employees working in departments that directly support the Board will move to offices located in the Zuidas area of Amsterdam. However, the office space in Zuidas will only be a temporary solution, says Wijers. "To show our long-term Long-term Three or more years. In the context of accounting, more than 1 year. long-term 1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term. commitment to this important move, plans are being drawn up to design and construct a new, dedicated headquarters building in the nearby Beethoven project, which will become the heart of the new Akzo Nobel." |
|
||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion