Internal restructuring
European Union
Location of affected unit(s)
Hohenau (Austria), Rimavská Sobota (Slovakia)
Manufacture Of Food And Beverage
Manufacture Of Food Products
10 - Manufacture of food products

259 jobs
Number of planned job losses
Job loss
Announcement Date
23 January 2006
Employment effect (start)
23 January 2006
Foreseen end date
31 August 2006


The Austrian sugar and fruit processing company Agrana, which has been listed on the Viennese stock exchange, will – in the course of a thorough restructuring – close down two of its 11 sugar factories, one in Hohenau in the province of Lower Austria (Land Niederösterreich) and one in Rimavská Sobota in Slovakia. 136 and 123 employees, respectively, stand to lose their jobs. In order to mitigate the consequences of the planned redundancies, social plans will be drawn up. According to the company’s supervisory board, continuously declining sugar prices and sizeable payments to the EU restructuring fund will greatly intensify pressures on the whole industry to reduce costs. Far-reaching rationalisation and concentration are therefore unavoidable for the industry in general and for the company in particular, the supervisory board stated. Both plants concerned have been processing beet during each year’s campaign.


  • 23 January 2006: Der Standard


Eurofound (2006), Agrana, Internal restructuring in European Union, factsheet number 62848, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62848.