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 (29 - 30) Manufacture for transport equipment 30 - Manufacture of other transport equipment 30 - Manufacture of other transport equipment
1,400 jobs Number of planned job creations
Announcement Date
19 July 2005
Employment effect (start)
Foreseen end date
31 December 2005
Description
Airbus Industries, manufacturer of commercial aircraft, belonging to European Areonautic Defense and Space company (EADS) (80 %) and British Aerospace systems (BAE)(20%) is experiencing a boom in the demand for its aircraft. It will therefore hire 1,400 new workers for its German factories in Hamburg, Laupheim (Baden-Würtemberg), Stade, Buxtehude (lower Saxony) and Bremen.
Sources
20 July 2005: Frankfurter Allgemeine Zeitung
Citation
Eurofound (2005), Airbus, Business expansion in Germany, factsheet number 61945, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61945.