Type
Business expansion
Country
Germany
Region
Location of affected unit(s)
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Motor Vehicles, Trailers And Semi-Trailers
29.3 - Manufacture of parts and accessories for motor vehicles

440 jobs
Number of planned job creations
Job creation
Announcement Date
4 August 2010
Employment effect (start)
4 August 2010
Foreseen end date
31 December 2010

Description

On 4 August 2010, engine manufacturer Tognum reported that it would create 440 jobs by the end of the year. After a decline in orders during the economic crisis, the company has recently started to receive more orders and they therefore need more staff. Tognum currently employs around 8,800 people worldwide.


Sources

  • 5 August 2010: Financial Times Deutschland

Citation

Eurofound (2010), Tognum, Business expansion in Germany, factsheet number 70794, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/70794.