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 For Transport Equipment Manufacture Of Other Transport Equipment 30.3 - Manufacture Of Air And Spacecraft And Related Machinery
500 jobs Number of planned job creations
Announcement Date
8 November 2023
Employment effect (start)
1 January 2024
Foreseen end date
Description
FACC, an Austrian company in the aircraft industry in Ried im Innkreis, Upper Austria, has announced a business expansion which creates 500 new positions.
Due to the current and also expected future sales growth, the company is expanding and plans to hire the 500 new employees in the upcoming months. CEO Robert Machtlinger says that the industry is currently experiencing the strongest growth in its history, with turnover and operating results increasing steadily.
FACC produces lightweight components and systems for aircraft.
Eurofound (2023), FACC, Business expansion in Austria, factsheet number 200612, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/200612.
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