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 (22 - 23) Manufacture of rubber, plastic and non-metallic minerals 23.4 - Manufacture of other porcelain and ceramic products 23.41 - Manufacture of ceramic household and ornamental articles
130 jobs Number of planned job losses
Announcement Date
16 July 2003
Employment effect (start)
Foreseen end date
Description
The traditional porcelain manufacture faces bankruptcy. There will be an initiative from the city of Vienna to help employees to find a new job.
Sources
16 July 2003: Wirtschaftsblatt
Citation
Eurofound (2003), Augarten, Bankruptcy in Austria, factsheet number 59886, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59886.