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 - Manufacture of machinery and equipment n.e.c.
200 jobs Number of planned job creations
Announcement Date
15 August 2006
Employment effect (start)
Foreseen end date
Description
On 15 August 2006, the German engine manufacturer Deutz AG, stated that it wants to employ another 200 persons till the end of 2006. Approximately 100 jobs are to be created at its Cologne and Ulm production sites each. The manufacturer is profiting from an increasing demand for its products from North-America and a continuing stimulation of the construction industry. Deutz employs 5300 persons worldwide, amongst them 4100 employees in Germany (exact figures for each production site are not available).
Sources
16 August 2006: Frankfurter Allgemeine Zeitung
Citation
Eurofound (2006), Deutz, Business expansion in Germany, factsheet number 63933, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63933.
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