Despite the difficult circumstances due to the COVID-19 pandemic, the Zeppelin Group said it weathered the 2020 fiscal year well and reported a solid result for 2020 at the end of March.
The Group's Management and Supervisory boards and employee representatives agreed to a one-time "coronavirus bonus" for Zeppelin's approximately 10,000 employees worldwide to show appreciation for "their tireless commitment under the difficult conditions of the pandemic," according to the company.
"So far, we have dealt with the COVID-19 pandemic extremely well," said Peter Gerstmann, chairman of the Management Board of Zeppelin GmbH. "This is mainly due to the Zeppelin employees around the world who have shown themselves to be very flexible and have worked tirelessly with a wealth of ideas for our customers in order to find suitable solutions for a wide variety of challenges. I am therefore delighted that we will be paying our employees a coronavirus bonus as a token of our appreciation for this accomplishment."
"The Zeppelin employees worldwide have contributed through their great commitment and enormous efforts to Zeppelin's ability coping very well with the current situation," said Andreas Brand, chairman of the Supervisory Board and Lord Mayor of the City of Friedrichshafen. "It was important to us to recognize these outstanding achievements. That is why we from the Supervisory Board were happy to endorse the payment of a Corona bonus."
The Zeppelin Group said it will pay all employees a corresponding appreciation bonus with their May salary, which will amount to €600 for employees in full-time contracts in Germany and be calculated proportionately for part-time employees.
Apprentices in Germany will receive a lump sum of €200, according to the company.
The bonus will be adjusted according to the local purchasing power in the other countries and regions in which the company operates.