FTE Automotive

Type
Offshoring/Delocalisation
Country
Germany
Region
Bayern; Unterfranken; Haßberge
Location of affected unit(s)
Ebern
Sector
Manufacturing
(29 - 30) Manufacture for transport equipment
29.3 - Manufacture of motor vehicle parts and accessories
29.3 - Manufacture of motor vehicle parts and accessories
New offshoring locations
Czechia
350 jobs
Number of planned job losses
Job loss
Announcement Date
27 February 2006
Employment effect (start)
1 October 2006
Foreseen end date
31 December 2009

Description

Automotive supplier FTE will transfer parts of its production to the Czech Republic. A cost reduction of 15 percent was necessary in order to remain competitive, said the chairman of FTE's board. He also said that direct dismissals could not be avoided.

Sources

  • 28 February 2006: Frankfurter Allgemeine Zeitung

Citation

Eurofound (2006), FTE Automotive, Offshoring/Delocalisation in Germany, factsheet number 63052, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/63052.