Type
Internal restructuring
Country
Germany
Region
Nordrhein-Westfalen; Köln;
Location of affected unit(s)
Sector
Construction
Construction Of Buildings And Infrastructure Engineering
Construction Of Buildings
41 - Construction of buildings

1,342 - 1,500 jobs
Number of planned job losses
Job loss
Announcement Date
30 August 2002
Employment effect (start)
Foreseen end date
1 August 2002

Description

With the Austrian associate company BAU HOLDING STRABAG AG, Strabag AG is now one of the top ten construction groups in Europe.


Sources

Citation

Eurofound (2002), Strabag Beteiligungs, Internal restructuring in Germany, factsheet number 59798, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/59798.