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 Computer, Electrical Electronic And Optical Products Manufacture Of Computer, Electronic And Optical Products 26 - Manufacture of computer, electronic and optical products
250 jobs Number of planned job creations
Announcement Date
15 May 2007
Employment effect (start)
15 May 2007
Foreseen end date
31 December 2012
Description
Anton Paar, a manufacturer of high-quality measuring and analysis instruments for research and industry, is planning to expand its business activities by enlarging the production site at its headquarters in Graz. According to Friedrich Santner, the enterprise’s CEO, the firm is going to invest 7 million Euro in this plant and create around 250 new jobs in addition to the current 620 workers. The expansion is expected to take place within the next five years.
Sources
15 May 2007: Der Standard
Citation
Eurofound (2007), Anton Paar, Business expansion in Austria, factsheet number 65357, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65357.
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