```html Walstead Leykam: Printing House in St. Pölten Will Be Closed ```
The Walstead Leykam printing company in St. Pölten is closing. ©Canva (subject)
The web offset printing company Walstead Leykam plans to close its location in St. Pölten by the end of the year. According to the company, around 55 employees are directly affected, as stated in response to an inquiry by the APA. "The closure of the location is the result of fundamental changes in the printing industry in Europe in recent years, including market changes, rising cost pressures, and consequently a lack of profitability," was announced in a statement on Wednesday.
The decision "was made after a thorough analysis of the current market situation and a careful examination of all available options," it was stated. The board of Walstead Leykam & CE, the Central European business unit of the Walstead Group, has entered into "consultation talks" with employee representatives at the St. Pölten location, it was informed. A social plan is also a topic of discussion. The company aims to maintain its "position as a leading provider of printing services, their further processing, and POS solutions in Europe." "To achieve these goals and maintain the highest service standards, difficult decisions sometimes have to be made," the company stated.
Walstead took over NP Druck in St. Pölten in 2018 from the Niederösterreichisches Pressehaus. Magazines, brochures, and leaflets are produced at the location. In 2019, the company cut jobs in Austria. The Walstead Leykam Druck Group is headquartered in Neudörfl (Mattersburg district) in Burgenland, and production has also taken place in St. Pölten. Additionally, the company has printing locations in Slovenia and the Czech Republic. The consolidated revenue of the Walstead Leykam & CE Group amounted to around 350 million euros in 2023, with approximately 2,000 employees.
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