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Special FINAT session to address economic downturn

February 17, 2009

A panel of experts will address the membership at the Amsterdam conference in late March.

FINAT, the Europe based label trade association, has announced a special meeting in March to help its members cope with the pressures of the economic crisis. The event will be held in Amsterdam, March 26-27.

A panel of experts will be assembled to help FINAT members put the financial crisis into perspective and suggest means of adapting company strategies to weather the storm. There will also be a “talking shop” session where members can exchange ideas on coping, along with a look at how FINAT can support its members.
 
Jules Lejeune, managing director of FINAT, says: “We have seen the first announcements of drastic measures that companies in the label sector have taken to survive the financial hurricane, and 2009 could be the year in which the business model of the self-adhesive label industry is reshaped. This is another example of how FINAT is widening its benefits to members.”
 
Among the experts will be Luc Godfoid of Dun and Bradstreet, who will look at survival and gauging client payment risks; Ernst Jan Kruis of Solveigh Corporate Development, who will examine means of valuing companies in a difficult business environment and spotting the right match; and Marc Timmerman of human resources group Hudson, who will discuss how to bridge the gap between redundancies this year while retaining the best people for the recovery.
 
The workshop will be moderated by business strategist Paul de Ruijter. Participants will also obtain a preview of the results of the FINAT End-user Market Survey 2009 from Corey Reardon of Alexander Watson Associates (AWA).
 
The limited number of seats will be free to FINAT members in good standing.
 
Details can be found at www.finat.com.

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