Anton Paar

Type
Business expansion
Country
Austria
Region
Südösterreich; Steiermark; Graz
Location of affected unit(s)
Graz
Sector
Manufacturing
(26 - 27) Manufacture of electrical, electronic and optical products
26 - Manufacture of computer, electronic and optical products
26 - Manufacture of computer, electronic and optical products
250 jobs
Number of planned job creations
Job creation
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://apps.eurofound.europa.eu/restructuring-events/detail/65357.