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 Motor Vehicles, Trailers And Semi-Trailers 29.1 - Manufacture of motor vehicles
250 jobs Number of planned job creations
Announcement Date
22 June 2022
Employment effect (start)
22 June 2022
Foreseen end date
31 December 2022
Description
BMW, a German car manufacturer, announced to create 250 jobs at its plant in Landshut, Bavaria (Germany) by the end of 2022. The planned new hires are a result of increased customer demand and the associated sales increases for components from Landshut. BMW has also announced that it will invest 125 million euros in the production of innovative components for future vehicle projects at the Landshut plant by the end of 2022.
The BMW Group employs 118,909 people at 31 locations in 15 countries and generates revenues of 111,239,00 euros in 2021.
Sources
22 June 2022: Passauer Neue Presse (online) (www.pnp.de)
Eurofound (2022), BMW, Business expansion in Germany, factsheet number 107028, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/107028.
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