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 Rubber And Plastic Products And Other Non-Metallic Mineral Products Manufacture Of Rubber And Plastic Products 22 - Manufacture of rubber and plastic products
64 jobs Number of planned job losses
Announcement Date
21 January 2019
Employment effect (start)
21 January 2019
Foreseen end date
Description
German plastic manufacturer Rehau has announced plans to discontinue the unprofitable wood-polymer composite production in Austria making 64 employees redundant. The restructuring will affect the production site in Neulengbach, where 43 people will be dismissed, as well as the headquarters in Guntramsdorf, where 21 positions in product management, sales and administration will be cut. The company has informed the public employment service and negotiations on a social plan are underway. In the future, the company will invest in the production of micro-cable tubes and aims to employ 100 workers and 20 apprentices by 2021 at the plant in Neulengbach.
Eurofound (2019), Rehau, Internal restructuring in Austria, factsheet number 96520, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/96520.
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