Gildemeister

Type
Business expansion
Country
Germany
Region
Location of affected unit(s)
Sector
Manufacturing
(28) Manufacture of machinery and equipment
28 - Manufacture of machinery and equipment n.e.c.
28 - Manufacture of machinery and equipment n.e.c.
200 jobs
Number of planned job creations
Job creation
Announcement Date
8 November 2006
Employment effect (start)
1 January 2007
Foreseen end date
31 December 2007

Description

On 8 November 2006, Gildemeister, a global producer of machine tools, announced its plans to create around 200 new jobs in 2007. Against the background of increasing revenues and a steady order inflow, the company anticipates to employ a greater workforce.

In 2005, Gildemeister generated revenues of 13.5 million Euro. The company employs a workforce of 5421 persons worldwide.

Sources

  • 8 November 2006: Handelsblatt

Citation

Eurofound (2006), Gildemeister, Business expansion in Germany, factsheet number 64423, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/64423.