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 For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.3 - Manufacture of parts and accessories for motor vehicles
2,000 jobs Number of planned job creations
Announcement Date
24 April 2013
Employment effect (start)
25 April 2013
Foreseen end date
31 December 2013
Description
German automotive supplier ZF Friedrichshafen will create 1,000 jobs in Germany by the end of 2013. This is due to expected growth in turnover. In total, the company plans to hire 3,500 workers, so that total workforce will sum up to 80,000 in 2015.
In December 2012, ZF Friedrichshafen announced to create 4,500 jobs worldwide throughout the year (see ZF Friedrichshafen2012).
Update, September 2013: the company increased the number of jobs to be created. Having just opened a new site in the USA and due to the imminent opening of a site in China, a total of 5,000 jobs shall be created by the end of the year; 2,000 of them will be created in Germany.
Sources
11 September 2013: Frankfurter Allgemeine Zeitung
25 April 2013: Frankfurter Allgemeine Zeitung
10 September 2013: ZF Friedrichshafen (press release)
24 April 2013: ZF Friedrichshafen (press release)
Citation
Eurofound (2013), ZF Friedrichshafen, Business expansion in Germany, factsheet number 75323, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75323.
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