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.
AHT Cooling Systems, a Styrian company specialised in the production of commercial freezers, is to expand its workforce by 170 employees by May 2013.
The company has invested €14 million in a new production hall. This is to develop a new market segment for the production of refrigerated display cases for food retail stores. Some 100 new workers have already been hired in the course of the last few months. Now that the construction of the new production hall is basically finished, some 70 additional employees will be hired within the next three months.
The company has increased its turnover in 2012 by some € 50 million Euros to a total of € 292 million. AHT is one of the world leaders for freezers; it produces more than 300,000 pieces annually. Substantial additional growth is expected with the entry into the new market segment.
Eurofound (2013), AHT Cooling Systems, Business expansion in Austria, factsheet number 74969, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/74969.