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 Basic Metal And Fabricated Metal Products Manufacture Of Fabricated Metal Products, Except Machinery And Equipment 25 - Manufacture of fabricated metal products, except machinery and equipment
150 jobs Number of planned job creations
Announcement Date
7 August 2010
Employment effect (start)
7 August 2010
Foreseen end date
31 December 2010
Description
On 7 August 2010 saw manufacturer Stihl announced it would create some 150 jobs in Germany by the end of 2010. The expansion comes after sales revenues increased by 14% in the first half of 2010 compared to the first half of 2009. The company employed 3,950 staff in Germany and a total of 10,851 employees worldwide at the end of last year.
Sources
7 August 2010: Frankfurter Allgemeine Zeitung
Citation
Eurofound (2010), Stihl, Business expansion in Germany, factsheet number 70865, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/70865.
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