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 25.72 - Manufacture of locks and hinges
150 jobs Number of planned job creations
Announcement Date
30 June 2017
Employment effect (start)
30 June 2017
Foreseen end date
Description
The Austrian family-run business Maco, with headquarters in Salzburg, will hire 150 new employees at its production site in Trieben, Styria. The company invested in new machinery and has taken new eroding systems as well as milling and grinding machines into operation in Trieben. Additional investments are underway to expand the company's research and innovation centre in Salzburg. After restructuring measures and a downsizing of Maco's workforce in 2015, economic prospects for 2018 are promising and the company expects growth in turnover. As of July 2017, it is not known when the new jobs will be filled. However, recruitment is reported to be underway.
Sources
30 June 2017: Die Presse
30 June 2017: Kleine Zeitung
Citation
Eurofound (2017), Maco, Business expansion in Austria, factsheet number 91416, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/91416.
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