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 (29 - 30) Manufacture for transport equipment 29.1 - Manufacture of motor vehicles 29.1 - Manufacture of motor vehicles
1,200 jobs Number of planned job creations
Announcement Date
27 December 2010
Employment effect (start)
1 January 2011
Foreseen end date
31 December 2011
Description
On 27 December 2010, the carmaker Audi announced its plans to create some 1,200 jobs in Germany in 2011. The company launched a new investment programme worth 11.6 billion euros which it wants to spend on new products, technologies and the enlargement of its sites between 2011 and 2015. Around 5 billion euros will be invested into Audi's sites in Ingolstadt and Neckarsulm.
Sources
28 December 2010: Handelsblatt
Citation
Eurofound (2010), Audi, Business expansion in Germany, factsheet number 71365, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/71365.