Type
Business expansion
Country
Austria
Region
Westösterreich; Oberösterreich; Traunviertel
Location of affected unit(s)
St. Marien
Sector
Utilities
Water Supply; Sewerage, Waste Management And Remediation Activities
Waste Collection, Treatment And Disposal Activities; Materials Recovery
38.3 - Materials recovery

150 jobs
Number of planned job creations
Job creation
Announcement Date
26 January 2022
Employment effect (start)
26 January 2022
Foreseen end date
30 June 2022

Description

The Erema Group, an austrian provider of plastic recycling solutions, has acquired a new company site in St. Marien, creating 150 new jobs. As CEO Manfred Hackl states, the acquisition next to the company's headquarter in Ansfelden allows for an increase of the production capacities by 60 percent. The business expansion is caused by an increasing demand of plastic recycling and the growing size of the appropriate facilities. Local politian and economic councillor Markus Achleitner has praised the new production site as an important step torwards a circular economy.


Sources

Citation

Eurofound (2022), Erema, Business expansion in Austria, factsheet number 106381, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/106381.