Restructuring events
European Restructuring Monitor (ERM)
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.
In Aspern, district of Vienna Donaustadt, the Stellantis facility, formerly Opel, with currently 342 employees will be shut down. In 1983, the site employed approximately 2,200 people.
The reason is that the production of the MB6 mechanical transmission for combustion engines has no sustainable future. Production activities will be discontinued in July 2024.
A job centre will be established to provide individual assistance to employees seeking to transition to new roles, including within the Group. A comprehensive social plan will be developed in collaboration with the works councils over the coming weeks.
Works councils are involved in drawing up a social plan. Both the Vienna City Councilor for Economic Affairs, Peter Hanke, and the union chair(wo)men, Reinhold Binder and Barbara Teiber, spoke out in concern. In the last five years, the city of Vienna and in 2018 the federal government had taken support measures to maintain the site.
Update 21/03/2024
The Opel plant in Vienna-Aspern, established in the early 1980s, has now ceased operations. The automotive group Stellantis has announced that series production will be discontinued in July. Currently, approximately 220 individuals are still employed at the site, as some employees have already lost their jobs. About 60 employees will remain at work to support the decommissioning. The other 160 employees have to leave by the end of July 2024, but could also leave earlier at their request.
Eurofound (2023), Stellantis-Werk, Closure in Austria, factsheet number 109287, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/109287.
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