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 Manufacturing Of Machinery And Equipment Manufacture Of Machinery And Equipment N.E.C. 28.1 - Manufacture of general-purpose machinery
850 jobs Number of planned job creations
Announcement Date
24 September 2021
Employment effect (start)
24 September 2021
Foreseen end date
31 December 2021
Description
The austrian plant manufacturer TGW has announced to hire 850 additional employees at the company's production site in Marchtrenk, Upper Austria. The employees will be hired in the current business year. The company is looking for software developers and mechatronics engineers. Harald Schröpf, chairman of the executive board, spoke of a challenging yet outstanding year, as the pile of orders has reached the volume of € 1,1 billions for the first time. He also acknowledged the industry's competition for qualified employees, but deems TGW to be an attractive employer.
Eurofound (2021), TGW, Business expansion in Austria, factsheet number 106383, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/106383.
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