The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture of chemicals and pharmaceuticals Manufacture of chemicals and chemical products 20.1 - Manufacture of basic chemicals, fertilisers and nitrogen compounds, plastics and synthetic rubber in primary forms
150 jobs Number of planned job creations
Announcement Date
26 January 2022
Employment effect (start)
26 January 2022
Foreseen end date
30 June 2022
Description
The Erema Group, an austrian provider of plastic recycling solutions, has acquired a new company site in St. Marien, creating 150 new jobs. As CEO Manfred Hackl states, the acquisition next to the company's headquarter in Ansfelden allows for an increase of the production capacities by 60 percent. The business expansion is caused by an increasing demand of plastic recycling and the growing size of the appropriate facilities. Local politian and economic councillor Markus Achleitner has praised the new production site as an important step torwards a circular economy.
Eurofound (2022), Erema, Business expansion in Austria, factsheet number 106381, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/106381.
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