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 Manufacture Of Basic Metal And Fabricated Metal Products Manufacture Of Fabricated Metal Products, Except Machinery And Equipment 25.99 - Manufacture of other fabricated metal products n.e.c.
50 - 60 jobs Number of planned job losses
Announcement Date
19 February 2016
Employment effect (start)
18 February 2016
Foreseen end date
30 November 2016
Description
AL-KO, producer of car components and gardening tools, is to shut down parts of its production site in Ramsau, Tyrol, in autumn 2016 making up to 60 employees redundant. Management, works council and trade unions have already agreed on a social plan for affected employees, which includes a re-employment guarantee should AL-KO hire new staff again in the future. AL-KO currently has 400 employees in Ramsau and form part of the German technology-enterprise AL-KO Kober, with headquarters in Kötz (Germany), a global producer of gardening tools and supplier for the automotive and aviation industry. AL-KO Kober currently employs 4,000 people ocross 45 sites.
Sources
24 February 2016: Tiroler Tageszeitung Online
24 February 2016: ORF Tirol online
19 February 2016: Tiroler Tageszeitung Online
Citation
Eurofound (2016), AL-KO, Internal restructuring in Austria, factsheet number 86586, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/86586.
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