The Agfa-Gevaert Group announces its intention to implement a significant reorganization of its financial services organization within the framework of the company’s ongoing transformation program. This reorganization aims at accelerating the journey towards simplification, automation and best-in-class business processes. It will be supported by investing in new capabilities in Agfa’s captive shared service center, as well as an agreement with IBM.

This reorganization would have an impact on 65 positions, of which 52 in Europe. Agfa intends to do everything within its power to minimize the number of direct lay-offs. In addition, the company will also fulfill its responsibility to treat the affected employees respectfully and to provide maximum support, amongst others as part of the applicable social processes.

Pascal Juéry, CEO of the Agfa-Gevaert Group, explains: “As part of our ongoing transformation program, we strive for a simple, agile and future-proof digital organization. This redesign of our financial services organization will help us to increase Agfa’s competitiveness by improving our financial operations, reporting, analytics and planning activities. Furthermore it will enable us to implement smartly designed end-to-end financial processes and to deliver outstanding services, helping all stakeholders to focus on their critical core activities.”

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 2021, the Group realized a turnover of 1,760 million Euro. More about Agfa on www.agfa.com.

Contact:
Viviane Dictus
Director Corporate Communication
T +32 (0) 3 444 71 24
E viviane.dictus@agfa.com
Johan Jacobs
Corporate Press Relations Manager
T +32 (0)3/444 80 15
E johan.jacobs@agfa.com