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 Material For Textiles, Apparel, Leather And Related Products Manufacture Of Leather And Related Products 15.11 - Tanning and dressing of leather; dressing and dyeing of fur
100 jobs Number of planned job creations
Announcement Date
21 June 2010
Employment effect (start)
Foreseen end date
31 December 2010
Description
On 21 June 2010, the Styrian leather producer Wollsdorf Leder announced the creation of 100 jobs by the end of the year.
The specialist in the field of leather for the automotive, upholstery, marine, aircraft and garment industries was hit hard by the financial crisis, forcing it to close down its production site in Wilhelmsburg last year. The number of staff was reduced from 800 to 600 but management expect turnover to increase again from EUR 80 million in 2008/09 to EUR 95 million in 2009/10, allowing the company to recruit an additional 100 employees for its two sites in Wollsdorf (tannery) and Weiz (stamping). Furthermore, a new production site will be opened in China in 2011.
Eurofound (2010), Wollsdorf Leder, Business expansion in Austria, factsheet number 70677, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/70677.
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