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A GLOBAL AMBITION ANNuAL REPORT 2006 - Dufry

A GLOBAL AMBITION ANNuAL REPORT 2006 - Dufry

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EMPLoyEES<br />

number of full time equivalents as of December 31<br />

7,500<br />

6,000<br />

4,500<br />

3,000<br />

1,500<br />

<strong>Dufry</strong> Annual Report <strong>2006</strong> — Human Resources<br />

0<br />

2003 2004 2005 <strong>2006</strong><br />

EMPLoyEES by REGIoN IN 006<br />

Europe 15 %<br />

Africa 11 %<br />

Eurasia 12 %<br />

North America & Caribbean 36%<br />

South America 26%<br />

Developing the organization<br />

With the rapid growth and expansion of <strong>Dufry</strong>’s global operations during the last<br />

three years, our total workforce increased by over 106% compared to year end<br />

2003. In fiscal year <strong>2006</strong> alone, with the acquisitions in Brazil and Puerto Rico<br />

and the opening of new locations, our number of employees has grown by over<br />

2,100 people to a total of 6,526 worldwide. With this impressive expansion and<br />

with our corporate strategy of further growth over the next years, leveraging our<br />

local expertise becomes ever more important. To capture these benefits, we will<br />

develop a new global Human Resources strategy along 2007.<br />

In a first step, we already rolled out in <strong>2006</strong> our standard processes and procedures<br />

in four regions and nine sites bringing our company a step forward<br />

towards our globalization strategy. About 350 employees have been specially<br />

trained to coordinate and re-train our employees periodically.<br />

Social projects<br />

<strong>Dufry</strong> has projects that support poor children in different parts of the world. The<br />

largest of these projects is a social assistance program in Brazil, which offers<br />

professional education to twenty five disadvantaged young people every year.<br />

The program, which is offered free of charge, is aimed at making them competitive<br />

in the job market and integrating them in society. The classes can be attended<br />

by 14 to 17 years old people. They receive education in human relations,<br />

IT, retailing and basic English. They will also get medical and dental assistance,<br />

life insurance, outfits, food and education material. As a result, more than 550<br />

young people have been trained in this long-term project of which more than<br />

90% have been able to find employment in the regional job market, including<br />

<strong>Dufry</strong> Duty-Free shops in Brazil.

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