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.
The Austrian confectionary manufacturer Manner is to expand its main factory in Vienna by 2015, increasing its workforce of currently 360 by 60 additional employees. Besides expanding its factory, the company will also build a new office building, a logistics centre, a loading zone and an underground parking garage in Vienna.
Building work has already commenced in August and hiring will commence.
As from 2016, the confectionary will be produced in Vienna only, the company's factory in Perg, Upper Austria, will be obsolete. Some 90 employees will be concerned by this closure; however, it is expected that they will be taken over by a company which will buy the premises and operate in the food sector.
Eurofound (2012), Manner, Business expansion in Austria, factsheet number 74242, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/74242.