Internal restructuring
Südösterreich; Steiermark; Östliche Obersteiermark
Location of affected unit(s)
Manufacture Of Basic Metal And Fabricated Metal Products
Manufacture Of Basic Metals
24.1 - Manufacture of basic iron and steel and of ferro-alloys

120 jobs
Number of planned job losses
Job loss
Announcement Date
1 February 2010
Employment effect (start)
Foreseen end date
30 April 2010


High quality steel producer Böhler Edelstahl is to cut 120 jobs at its headquarters in Kapfenberg, Styria, by the end of April 2010. This was announced by Böhler's parent company voestalpine on 1 February 2010.

According to management, the restructuring measure would be inevitable for the firm to remain competitive. Extending existing short-time work arrangements, which had expired at the end of January 2010, would no longer be economically reasonable, management said. The number of job cuts might however be reduced over the next weeks depending on incoming orders. In addition to the planned dismissals, an indefinite number of temporary agency workers will be dismissed. Moreover, vacancies due to retirement will not be filled.

The employees affected will be entitled to receive support from the voestalpine Stahlstiftung that offers training and other re-employment measures.


  • 1 February 2010: Boerse-Express ()
  • 1 February 2010: Der Standard ()


Eurofound (2010), Böhler Edelstahl, Internal restructuring in Austria, factsheet number 70167, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/70167.