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 creations
Announcement Date
13 April 2007
Employment effect (start)
13 April 2007
Foreseen end date
Description
On 13 April 2007, the CEO of the Mawera Holzfeuerungsanlagen company, which is headquartered in Hard (Vorarlberg) and currently employs about 170 employees at two separate sites in Hard and Meiningen, announced plans to significantly extend production capacities and thus to create some 100 new jobs within an indefinite time period. The company is specialised in the manufacture and assembling of furnaces fired with wood. The expansion plans will focus on the development of combined heating systems using also solar technology. The main reason for the envisaged extension of production capacities is the growing international demand for biogenous heating systems. In 2006, for instance, the firm’s overall turnover increased by 35% to 32 million Euro. Mawera was acquired by German Viessmann Werke in December 2006.
Sources
13 April 2007: Der Standard
Citation
Eurofound (2007), Mawera, Business expansion in Austria, factsheet number 65252, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65252.
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