Employees
At the end of the quarter, the KION Group employed 23,761 full-time equivalents (31 December 2015: 23,506). The increase in the number of employees is largely due to first-time consolidations in the first quarter as well as growth in eastern Europe.
Personnel expenses rose by 10.4 per cent year on year to €362.4 million (Q1 2015: €328.1 million). This increase resulted mainly from the larger headcount and changes to collective bargaining. In addition, the acquisition of Egemin Automation and the opening of the new plant in Stříbro, Czech Republic also added to the increase. > TABLE 16
Employees (full-time equivalents) |
16 |
||
|
31/03/2016 |
31/12/2015 |
Change |
Western Europe |
16,558 |
16,515 |
0.3% |
Eastern Europe |
2,029 |
1,921 |
5.6% |
Americas |
827 |
693 |
19.3% |
Asia |
3,768 |
3,812 |
–1.2% |
Rest of world |
579 |
565 |
2.5% |
Total |
23,761 |
23,506 |
1.1% |