Restructuring events
European Restructuring Monitor (ERM)
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.
Fresenius Kabi, a German pharmaceutical company, is to invest €34 million in its Graz sites, thus employing an additional 160 employees by 2015.
The company, which is specialised in infusion therapy, is to develop four new product lines at its Graz and Wernberg (just south of Graz) sites. According to Mr Haszonits, the company's CEO, some 60 positions have already been filled, with more to be filled in the areas logistics and production (product management), as well as project management and controlling. The so-called 'finalising area' which encompasses the packaging and labelling of the products is to move to the logistics centre Wernberg. The expansion is due to increases in turnover.
By the end of 2012, some 100 out of the envisaged 160 positions will be filled.
Eurofound (2012), Fresenius Kabi, Business expansion in Austria, factsheet number 73847, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/73847.