Weser Metall Umformtechnik (WMU)

Type
Business expansion
Country
Germany
Region
Niedersachsen; Braunschweig; Göttingen
Location of affected unit(s)
HannMünden
Sector
Manufacturing
(29 - 30) Manufacture for transport equipment
29.3 - Manufacture of motor vehicle parts and accessories
29.3 - Manufacture of motor vehicle parts and accessories
120 jobs
Number of planned job creations
Job creation
Announcement Date
29 August 2013
Employment effect (start)
29 August 2013
Foreseen end date
31 December 2016

Description

On 29 August 2013, HNA.de reported on the creation of 120 to 130 new jobs at the German automobile supplier Weser Metall Umformungstechnik (WMU). WMU is owned by Korean high-tech company Sungwoo Hitech which is investing around 45 million euro in WMU during the next 3 to 4 years. Job creation is part of the current investment programme.

Sources

  • 29 August 2013: HNA.de

Citation

Eurofound (2013), Weser Metall Umformtechnik (WMU), Business expansion in Germany, factsheet number 75832, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/75832.