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.
Professional Services Scientific, Architectural And Engineering Technical Activities Architectural And Engineering Activities; Technical Testing And Analysis 71 - Architectural and engineering activities; technical testing and analysis
500 jobs Number of planned job creations
Announcement Date
12 June 2006
Employment effect (start)
Foreseen end date
31 December 2008
Description
On 12 June 2006, Ferchau Engineering, one of Germanys engineering suppliers offering consultancy services and engineering solutions, announced the creation of 250 jobs till the end of 2006. Another 250 jobs shall be created till the end of 2008. The creation of jobs is part of its business expansion plan. Ferchau benefits from the outsourcing strategies of many German establishments in the automobile industry, in the telecommunications and information technologies sectors or in the aircrafts and spacecrafts industry. Ferchau consists of 29 branches in Germany and reports an annual turnover of 150,000,000 Euro.
Sources
12 June 2006: Frankfurter Allgemeine Zeitung
Citation
Eurofound (2006), Ferchau Engineering, Business expansion in Germany, factsheet number 63643, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63643.
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