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 Basic Metal And Fabricated Metal Products Manufacture Of Fabricated Metal Products, Except Machinery And Equipment 25 - Manufacture of fabricated metal products, except machinery and equipment
100 jobs Number of planned job losses
100 jobs Number of planned job creations
Announcement Date
7 April 2005
Employment effect (start)
1 June 2005
Foreseen end date
31 December 2010
Description
The foundation of a new pressing plant was announced by Martin Metallverarbeitung following more orders from Volkswagen for its new generations of Golf and Passat. Martin Metallverarbeitung looked at possible locations in Eastern Germany and the new EU-members, but decided to stay in Bavaria, because it was able to buy a factory building from an insolvent company at good conditions.
Eurofound (2005), Martin Metallverarbeitung, Internal restructuring in Germany, factsheet number 61473, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61473.
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