Recticel, The passion for comfort. A confident belief in careful stabilization

Human resources


One of the pillars of Recticel’s Group mission is the basic principle that all employees must be offered the opportunity to develop their individual talents within the framework of the Group strategy. Moreover, the Group is convinced that successful implementation of its strategy to a large extent depends on the drive, motivation, creativity and, in short, the abilities of all its staff. For that matter, the most important Group values emphasise this basic principle. Recticel considers values such as team spirit, a sense of responsibility, entrepreneurship, respectful behaviour, professionalism and striving for excellence to be of key importance.

In 2008, the first preparations were made to develop a modern personnel policy within the Group. Attracting and retaining dedicated, enthusiastic, specialised staff more than ever before will be of decisive importance to ensure future success. Several times in the past, Recticel has already proved that it is worth calling itself and its working methods into question on an ongoing basis. As far as the human resources policy is concerned, the Group is convinced that the time is now ripe to apply more vision and energy to develop new guidelines for the future. The launch in 2010 of a talent management programme and a programme for the development of specific key skills is important in this respect.

It already emerged from a study carried out previously that the most important key skills needed within the Group are the following:

  • results orientation
  • business acumen
  • capability to build and develop talents and teams
  • personal flexibility
  • customer orientation
  • effective communication skills

The decrease in staff by 1 480 employees in 2009 is attributable mainly to:

  • the sale of the 50% participating interest in the joint venture COFEL (Bedding, France)
  • the sale of the remaining activities of Exteriors (Automotive) in Gilly (Belgium)
  • the sale of the participating interest in Corpura (Flexible Foams, the Netherlands)
  • the reduction in the workforce mainly in:
    • the British, German and American automotive activities
    • the Flexible Foams activities in France, Spain and the United Kingdom



  2009 * 2010 *    
Germany —  1 748 1 480 17.6 % -268
Belgium —  1 497 1 350 16.1 % -147
Poland —  840 819 9.7 % -21
France —  1 624 766 9.1 % -858
Czech Republic —  732 721 8.6 % -11
United Kingdom —  638 649 7.7 % 11
The Netherlands —  391 373 4.4 % -18
Spain —  415 362 4.3 % -53
United States —  390 344 4.1 % -46
Austria —  308 295 3.5 % -13
Romania —  230 220 2.6 % -10
Switzerland —  215 195 2.3 % -20
Sweden —  212 193 2.3 % -19
Finland —  170 138 1.6 % -32
Hungary —  125 118 1.4 % -7
Norway —  114 92 1.1 % -22
Turkey —  64 62 0.7 % -2
People's Republic of China —  25 52 0.6 % 27
Estonia —  30 43 0.5 % 13
Moldavia —  32 40 0.5 % 8
Greece —  13 22 0.3 % 9
Bulgaria —  20 18 0.2 % -2
Lithuania —  17 15 0.2 % -2
Ukraine —  9 12 0.1 % 3
Slovakia —  11 10 0.1 % -1
Serbia —  8 8 0.1 % 0
Russia —  5 6 0.1 % 1
 
Total: 9 883 8 403 100.0 % - 1 480
 

*Full-time and part-time employees, excluding temporary workers and those medically unfit for work and including all employees of joint ventures in which Recticel has at least 50% control. (situation at 31 December).

NEWS & PRESS

  • 2010 July 19th

    "Notification by JPMorgan Asset Management (UK) Limited - Amended investments (less than 3 per cent) in shares with voting rights."

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  • 2010 July 5th

    "Recticel sells its "slat base" activities in Masevaux (France) to Alsace Meubles SASU"

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  • 2010 June 24th

    "Notification by JPMorgan Asset Management (UK) Limited - Amended investments (>3%) in shares with voting rights. "

    + More info.

WHAT'S RECTICEL?

Under the motto The passion for comfort, Recticel, as a manufacturer of polyurethane foam products, strives to make a real difference to daily comfort for all.
The Group, as a unique whole, concentrates on four selected fields of application: Flexible foams, Bedding, Insulation and Automotive.

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