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.
Südösterreich; Steiermark; West- und Südsteiermark
Location of affected unit(s)
Krenhof/Köflach
Sector
Manufacturing Manufacture Of Basic Metal And Fabricated Metal Products Manufacture Of Fabricated Metal Products, Except Machinery And Equipment 25.5 - Forging, pressing, stamping and roll-forming of metal; powder metallurgy
44 - 95 jobs Number of planned job losses
Announcement Date
18 February 2009
Employment effect (start)
1 February 2009
Foreseen end date
28 February 2009
Description
According to different, contradictory media reports, the forge specialist Krenhof Schmiedetechnik has, in February 2009, cut in between 44 and one-third of its current 280 employees, both core staff and temporary agency workers. The automotive supplier has had to face a drop in order intakes by up to 75 percentage points in recent times. Currently, the whole workforce is taking compulsory leave. No more information has been reported thus far.
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