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.
Südösterreich; Steiermark; West- und Südsteiermark
Location of affected unit(s)
Lannach
Sector
Manufacturing (24 - 25) Manufacture of metals 25 - Manufacture of fabricated metal products, except machinery and equipment 25 - Manufacture of fabricated metal products, except machinery and equipment
180 jobs Number of planned job creations
Announcement Date
18 February 2005
Employment effect (start)
Foreseen end date
1 January 2007
Description
After several years of notable profit growths, the Austrian IFN Internorm company which is specialised in the manufacture of doors and windows, intends to expand its scale of production. Hence, the management plans to expand significantly the production facilities at one of its several plants, which is located in Lannach (Styria), where, in particular, special thermal-isolated windows are being produced. As a consequence, until 2007 up to 180 additional employees are planned to be hired.
Sources
18 February 2005: Wirtschaftsblatt
Citation
Eurofound (2005), IFN Internorm, Business expansion in Austria, factsheet number 61159, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61159.