AMSTERDAM, the Netherlands - AkzoNobel intends to concentrate its Dutch-based management personnel in a new office building in the Zuidas business district of Amsterdam by the end of 2015.

The move will bring the majority of corporate and business management and their supporting staff in the Netherlands together at a single location, promoting cross-company collaboration. Currently, head office and Dutch-based business unit management and their supporting staff are spread across four office locations.

Following the relocation, the company will no longer have offices in Amersfoort and Hoofddorp. The relocation will have no direct consequences in terms of employment opportunities, and employees have been informed about the plans.

The construction of the new AkzoNobel Center, which is being built by Dura Vermeer and will be owned by the German Union Investment Group, has now started and is expected to take two-and-a-half years.

Approximately 700 employees will work from the new center, which will be designed according to the latest sustainability norms and office layout principles.