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 For Transport Equipment Manufacture Of Other Transport Equipment 30.20 - Manufacture of railway locomotives and rolling stock
100 jobs Number of planned job creations
Announcement Date
14 March 2022
Employment effect (start)
1 April 2022
Foreseen end date
30 December 2022
Description
In December 2021, Gredelj rolling stock factory came out of bankruptcy after being acquired by Slovakia's Tetravagonka, a European leader in wagon production, and now Gredelj is planning to hire 100 new workers by the end of 2022 in Zagreb. In 2022 Gredelj will deliver 756 wagons to Innofreight, an Austrian company, and will also start producing for the Slovak company Budamar, which is a co-owner of Tetravagonka and is also the largest railway carrier in Eastern Europe. An investment worth Euro 70 million will also be made to modernize the production so that the company can produce a thousand wagons and 6,000 containers per year.
Eurofound (2022), Gredelj, Business expansion in Croatia, factsheet number 106447, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/106447.
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