The implementation of this initiative will take place in two phases. The first phase will start on 1 October 2024, as the financial management of 180 companies is transferred to in-house management. The remaining approximately 420 companies will follow from 1 January 2025.

“By bringing financial management in-house, we are increasing both our control and efficiency, while taking an important step in reducing our central costs. This is part of our work to implement the new strategy and optimise the use of our resources to continue to create value for our shareholders,” says Daniel Tellberg, Finance Director at SBB.