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 Manufacture Of Food And Beverage Manufacture Of Food Products 10.72 - Manufacture of rusks and biscuits; manufacture of preserved pastry goods and cakes
100 jobs Number of planned job creations
Announcement Date
30 December 2011
Employment effect (start)
1 January 2012
Foreseen end date
31 May 2013
Description
Austrian wholesale bakery Resch & Frisch is creating 100 additional jobs by May 2013. This is due to an investment of EUR 30 million in its production site in Wels.
The bakery based in Upper Austria, which currently employs 600 workers in Wels and 1,040 workers overall, is to double its production capacity. The additional jobs will be created successively and hiring should be concluded by May 2013, when the new central warehouse will be completed.
The manufacturer of bakery goods lately increased its turnover by 3 percentage points to EUR 92 million.
Sources
30 December 2011: Wirtschaftsblatt
30 December 2011: Oberösterreichische Nachrichten
Citation
Eurofound (2011), Resch & Frisch, Business expansion in Austria, factsheet number 72933, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/72933.
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