DGAP-News: KION Group commits to labour standards at all sites around the world (news with additional features)

DGAP-News: KION Group commits to labour standards at all sites around the world 
(news with additional features)

DGAP-News: KION GROUP AG / Key word(s): Miscellaneous
KION Group commits to labour standards at all sites around the world
(news with additional features)

01.05.2014 / 09:00


- The KION Group emphasises its social responsibility 
- Based on the United Nations fundamental conventions 
- Commitment to safe and healthy working conditions and appropriate
- Employees encouraged to report all violations and make their own

Wiesbaden, 1 May 2014 - The KION Group is underscoring its commitment to
safe and fair working conditions with its voluntary undertaking to ensure
that clearly defined employment standards are in place at all its locations
around the world. The standards are based on the fundamental conventions of
the International Labour Organisation (ILO) which proscribe all forms of
forced labour, child labour and discrimination as well as stipulating that
every employee should have freedom of association. The KION Group, the
world's largest specialist supplier of industrial trucks and related
services, is also committed to ensuring safe and healthy working conditions
and making sure its workers receive appropriate remuneration.

"The standards are an expression of our social responsibility towards all
our employees," said KION Executive Board member and Labour Director Thomas
Toepfer. "Of course we have always adhered to the individual principles,
but now we have brought them together and set them down in writing."

The KION Group operates in more than 100 countries, including newly
industrialising countries such as India and China. Most - but not all - of
the countries in which the KION Group employs people have ratified the
fundamental conventions of the ILO, a United Nations organisation. This new
commitment will ensure that all companies within the KION Group comply with
the standards.

The company recognises the importance of monitoring compliance with the
standards and ensuring that any violations are reported. The management
boards of the group companies regularly review whether, and to what extent,
the principles are being applied. All employees are encouraged to report
violations - anonymously, if they prefer - and to make their own
suggestions for improvement. The boards of management/regional management
teams are obliged to examine any such reports and take immediate action
where required to put things right.

The Company

The KION Group - comprising the six brands of Linde, STILL, Fenwick, OM
STILL, Baoli and Voltas - is the largest manufacturer of industrial trucks
in Western and Eastern Europe, the global number two in the industry and
the leading non-domestic supplier in China. The Linde and STILL brands
serve the premium segment worldwide. Fenwick is the largest supplier of
material handling products in France, while OM STILL is a market leader in
Italy. The Baoli brand focuses on the economy segment, and Voltas is a
market leader in India in industrial trucks. The KION Group is present in
more than 100 countries and, in 2013, employed over 22,000 people and
generated revenue of EUR4.49 billion.


This document and the information contained herein are for information
purposes only and do not constitute a prospectus or an offer to sell or a
solicitation of an offer to buy any securities in the United States or in
any other jurisdiction.

This release contains forward-looking statements that are subject to
various risks and uncertainties. Future results could differ materially
from those described in these forward looking statements due to certain
factors, e.g. changes in business, economic and competitive conditions,
regulatory reforms, results of technical studies, foreign exchange rate
fluctuations, uncertainties in litigation or investigative proceedings, and
the availability of financing. We do not undertake any responsibility to
update the forward-looking statements in this release.

Further information for the media

Michael Hauger
Head of Corporate Communications
Tel.: +49 (0)611 770 655

Frank Brandmaier
Head of Corporate Media Relations
Tel.: +49 (0)611 770 752

Further information for investors

Frank Herzog
Head of Corporate Finance
Tel.: +49 (0)611 770 303 

Silke Glitza
Head of Investor Relations and M&A
Tel.: +49 (0)611 770 450

End of Corporate News

Additional features:

Document: http://n.equitystory.com/c/fncls.ssp?u=QLYUXRTOBK
Document title: Press release employment standards


01.05.2014 Dissemination of a Corporate News, transmitted by DGAP - a
company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de


Language:    English                                                
Company:     KION GROUP AG                                          
             Abraham-Lincoln-Str. 21                                
             65189 Wiesbaden                                        
Phone:       +49 (0)611 770-0                                       
Fax:         +49 (0)611 770-690                                     
E-mail:      info@kiongroup.com                                     
Internet:    www.kiongroup.com                                      
ISIN:        DE000KGX8881                                           
WKN:         KGX888                                                 
Indices:     SDAX                                                   
Listed:      Regulierter Markt in Frankfurt (Prime Standard);       
             Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover,  
             München, Stuttgart                                     
End of News    DGAP News-Service  
265975 01.05.2014                                                      
Press spacebar to pause and continue. Press esc to stop.