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Ricoh Europe Completes Unified Senior Management Structure in its European Operating Companies

Last October Ricoh announced its vision of “Winners in the 21st Century.” At that time it announced an immediate intention to merge and integrate its corporate headquarters. This has been concluded successfully.

Ricoh also announced that once the integration of the headquarters was concluded, it intended to study how and when the operations of Ricoh and the operations of NRG in each country might move to a single management structure. Today Ricoh is pleased to announce the following appointments that will enable it to realise the objective of a unified senior management structure throughout Europe.

In all European countries which previously had separate management structures for Ricoh and NRG operations, there is now a unified top management team.

These countries are: Austria, Belgium, France, Germany, Italy, the Netherlands, Spain and the United Kingdom.

Senior management in each country is carefully studying the current organisation including the unified management structure and will determine if, when and how closer integration of their operations and structures could be achieved.

Ricoh maintains its commitment to a multi brand-, multi channel strategy, to ensure it continues to maximise its marketplace flexibility, presence and responsiveness.

Throughout this process Ricoh companies have, and will continue to, inform and consult with European-level and local country employee representative bodies (Works Councils and Employee Forums), in accordance with the terms of its various Agreements and legal requirements.

Note to editors
Ricoh Europe PLC is the EMEA Headquarters of Ricoh Company Ltd., the leading global manufacturer of office equipment, located in London, United Kingdom and Amstelveen, the Netherlands. Ricoh’s EMEA operations comprise 47 sales subsidiaries and affiliates.  In the fiscal year ended 31 March 2007, revenues from Ricoh’s EMEA operations totalled over € 3.3 billion, accounting for 24.5% of the company’s global revenues. Ricoh’s worldwide sales increased by 8.4% totalling ¥ 2,068.9 billion (€ 13.4 billion).

For further information, please contact:
Ricoh Europe PLC
Peter T. Van der Kaag
Tel.: +44 (0)20 7465 1153
Tel.: +31 (0)20  54 74 153
E-mail: postmaster@ricoh-europe.com
Home page: www.ricoh-europe.com




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